Hawkins, Inc. Plans Quarterly Dividend of $0.18 (NASDAQ:HWKN)

Hawkins, Inc. (NASDAQ:HWKN) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Investors of record on Friday, February 14th will be paid a dividend of 0.18 per share by the specialty chemicals company on Friday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 0.62%.

Hawkins has increased its dividend by an average of 10.4% annually over the last three years.

Hawkins Trading Down 0.2 %

Shares of HWKN opened at $116.11 on Thursday. Hawkins has a twelve month low of $54.44 and a twelve month high of $139.55. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.43 billion, a P/E ratio of 29.70, a PEG ratio of 4.09 and a beta of 0.84. The firm’s 50-day moving average is $124.09 and its two-hundred day moving average is $121.07.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a net margin of 8.74% and a return on equity of 19.64%. On average, research analysts predict that Hawkins will post 4.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BWS Financial reiterated a “neutral” rating and issued a $122.00 price objective on shares of Hawkins in a research report on Thursday, October 31st.

About Hawkins

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.