Hawthorn Bancshares Announces Increased Cash Dividend and Stock Dividend
May 09 2019 - 4:35PM
Hawthorn Bancshares of Jefferson City, MO (NASDAQ: HWBK) announced
today that its Board of Directors approved an increase in the
quarterly cash dividend of $0.02 per share, or 20%, to a total of
$0.12 per share, payable July 1, 2019 to shareholders of record at
the close of business on June 15, 2019. Chairman David T. Turner
stated, “Hawthorn believes our shareholders should benefit from our
improved earnings since the last time we increased our quarterly
dividend effective July 1, 2018. Accordingly, the Board of
Directors approved the increase in the dividend to $0.12 per
share.” The Board also approved a special stock dividend of 4%
payable July 1, 2019 to shareholders of record at the close of
business on June 15, 2019.
About Hawthorn Bancshares
Hawthorn Bancshares, Inc., a financial-bank holding company
headquartered in Jefferson City, Missouri, is the parent company of
Hawthorn Bank of Jefferson City, Missouri with locations in the
Missouri communities of Lee's Summit, Liberty, Springfield,
Independence, Columbia, Clinton, Osceola, Warsaw, Belton, Drexel,
Harrisonville, California and St. Robert, Missouri.
Statements made in this press release that suggest Hawthorn
Bancshares' or management's intentions, hopes, beliefs,
expectations, or predictions of the future include "forward-looking
statements" within the meaning of Section 21E of the Securities and
Exchange Act of 1934, as amended. It is important to note
that actual results could differ materially from those projected in
such forward-looking statements. Additional information
concerning factors that could cause actual results to differ
materially from those projected in such forward-looking statements
is contained from time to time in the company's quarterly and
annual reports filed with the Securities and Exchange
Commission.
Contact:
Bruce Phelps
Chief Financial Officer
TEL: 573.761.6100 FAX: 573.761.6272
www.HawthornBancshares.com
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