Hawkins, Inc. (NASDAQ:HWKN) announced a quarterly dividend on Thursday, November 1st, NASDAQ reports. Shareholders of record on Friday, November 16th will be paid a dividend of 0.225 per share by the specialty chemicals company on Friday, November 30th. This represents a $0.90 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Thursday, November 15th.
Hawkins has increased its dividend by an average of 5.1% per year over the last three years and has raised its dividend annually for the last 13 consecutive years.
Shares of HWKN stock opened at $37.91 on Friday. The firm has a market capitalization of $412.43 million, a price-to-earnings ratio of 20.14 and a beta of 1.00. Hawkins has a 1 year low of $30.55 and a 1 year high of $42.85. The company has a current ratio of 2.38, a quick ratio of 1.23 and a debt-to-equity ratio of 0.35.
Several research analysts have recently weighed in on HWKN shares. ValuEngine upgraded shares of Hawkins from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. BidaskClub lowered shares of Hawkins from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd.
In other news, VP Daniel J. Stauber acquired 2,000 shares of the stock in a transaction dated Tuesday, November 6th. The shares were bought at an average cost of $37.69 per share, for a total transaction of $75,380.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.80% of the stock is owned by insiders.
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Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.
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