Trailing Dividend / Share
$0.78
Hawthorn Bancshares, Inc. (HWBK) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.1%
Payout Ratio
22.8%
Sustainable
Dividend Streak
14 years
HWBK Dividend Income Check
Safety
22.8% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 4.2% and trend is rising.
HWBK Dividend Scorecard
Yield & Income
Dividend Yield2.1%
Trailing DPS$0.78
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout22.8%
Earnings SafetySustainable
FCF Payout23.4%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak14 years
3Y CAGR7.9%
5Y CAGR11.8%
Yield on Cost (5Y)4.2%
YOC Trendrising
Total Returns
Buyback Yield1.1%
Total Shareholder Yield3.2%
1Y Total Return35.8%
5Y Total Return95.3%
Div Contribution (5Y)16.4%
Estimated $10K growth (return + dividends):
5Y ago$19,53410Y ago$40,11120Y ago$28,691
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HWBK Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
HWBK Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Hawthorn Bancshares, Inc. distributes 22.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 23.4%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
HWBK has raised its dividend for 14 consecutive years, with a 3-year CAGR of 7.9% and 5-year CAGR of 11.8%.
Total Shareholder Returns
Beyond cash dividends, HWBK returns capital through share repurchases. The combined picture: 2.1% dividend yield, 1.1% buyback yield, 3.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.2% and is currently rising. The 5-year total return is 95.3%, with dividends contributing 16.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $40,111 today.
HWBK Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.53
Avg/Payment$0.1765
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.2100 | — | 2.18% | Jul 1, 2026 |
| Mar 13, 2026 | $0.2100 | ↑ +5.0% | 2.44% | Apr 1, 2026 |
| Dec 15, 2025 | $0.2000 | — | 2.25% | Jan 1, 2026 |
| Sep 15, 2025 | $0.2000 | — | 2.48% | Oct 1, 2025 |
| Jun 13, 2025 | $0.2000 | ↑ +5.3% | 2.70% | Jul 1, 2025 |
| Mar 14, 2025 | $0.1900 | — | 2.67% | Apr 1, 2025 |
| Dec 13, 2024 | $0.1900 | — | 2.34% | Jan 1, 2025 |
| Sep 13, 2024 | $0.1900 | — | 2.96% | Oct 1, 2024 |
HWBK Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
2.1%
#4 of 9
Safety
Sustainable
22.8% payout
Streak
14Y
11.8% 5Y CAGR
Total Shareholder
3.2%
#3 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
 HWBKHawthorn Bancshares,… | $260M | 2.1% | 22.8% | 14 | Sustainable |
 CZWICitizens Community B… | $207M | 1.7% | 25.0% | 6 | Sustainable |
 BFSTBusiness First Bancs… | $956M | 1.9% | 19.2% | 7 | Sustainable |
 MOFGMidWestOne Financial… | $1.0B | 2.0% | — | 0 | Unknown |
 QCRHQCR Holdings, Inc. | $1.6B | 0.3% | 3.2% | 0 | Sustainable |
3rd  SBCFSeacoast Banking Cor… | $3.1B | 2.3% | 46.7% | 4 | Sustainable |
 FBIZFirst Business Finan… | $506M | 2.0% | 19.2% | 13 | Sustainable |
1st  GABCGerman American Banc… | $1.7B | 2.6% | 38.4% | 13 | Sustainable |
2nd  MVBFMVB Financial Corp. | $365M | 2.3% | 32.3% | 0 | Sustainable |
HWBK Annual Dividend History (1996–2026)
31 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.42 | — | 2 | — | — | — | 2.2% |
| 2025 | $0.79 | 6.8% | 4 | $3.43 | 23.0% | 4.34x | 4.2% |
| 2024 | $0.74 | 9.9% | 4 | $2.61 | 28.4% | 3.53x | 3.9% |
| 2023 | $0.67 | 7.1% | 4 | $0.14 | 481.0% | 0.21x | 3.6% |
| 2022 | $0.63 | 17.3% | 4 | $2.94 | 21.4% | 4.67x | 3.3% |
| 2021 | $0.54 | 18.4% | 4 | $3.15 | 17.0% | 5.87x | 2.8% |
| 2020 | $0.45 | 6.5% | 4 | $1.96 | 23.1% | 4.33x | 2.4% |
| 2019 | $0.43 | 25.2% | 4 | $2.19 | 19.4% | 5.15x | 2.2% |
| 2018 | $0.34 | 41.5% | 4 | $1.46 | 23.3% | 4.30x | 1.8% |
| 2017 | $0.24 | 28.6% | 4 | $0.46 | 52.2% | 1.92x | 1.3% |
What if you invested $1,000 in HWBK back in 1999?
Total return with dividends reinvested · 27+ years of data
Calculate ReturnsHow much would $100/month in HWBK be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs HWBK Undervalued Right Now?
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Compare NowHWBK — Frequently Asked Questions
Quick answers to the most common questions about buying HWBK stock.
How much dividend does HWBK pay per share?
Hawthorn Bancshares, Inc. (HWBK) pays a trailing 12-month dividend of $0.78 per share, with a current dividend yield of +2.1%. Payments are made Semi-Annual.
When is HWBK's next ex-dividend date?
HWBK's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HWBK typically pays dividends Semi-Annual.
Is HWBK's dividend safe?
HWBK's dividend safety is rated "Sustainable" based on an earnings payout ratio of +22.8% and FCF payout ratio of +23.4%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is HWBK a Dividend Achiever?
Yes, Hawthorn Bancshares, Inc. is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +11.8%, demonstrating above-inflation dividend growth.
How often does HWBK pay dividends?
Hawthorn Bancshares, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.78 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in HWBK grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HWBK five years ago would be worth approximately $19,534 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HWBK's yield on cost for long-term holders?
HWBK's yield on cost — the current dividend divided by the original purchase price — is +4.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.1% market yield, thanks to consistent dividend growth.