PR Newswire
MINNEAPOLIS, Aug. 2, 2018
MINNEAPOLIS, Aug. 2, 2018 /PRNewswire/ -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on August 2, 2018, voted to approve the payment of quarterly cash dividends in the future, as opposed to paying semi-annual dividends as had been its practice. The change will result in a more consistent quarterly cashflow for the Company and more frequent return to shareholders. In these regards, the Board declared a quarterly cash dividend of $0.225 per share payable August 31, 2018, to shareholders of record at the close of business on August 17, 2018. The next dividend is expected to occur in November 2018. This is the 33rd consecutive year the Company has paid cash dividends since it first began paying out dividends in 1985.
Hawkins, Inc. distributes, blends and manufactures chemicals and other specialty ingredients for its customers in a wide variety of industries. Headquartered in Roseville, Minnesota, and with 41 facilities in 19 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications.
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SOURCE Hawkins, Inc.
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