Hawkins Raises Semi-Annual Payout 6%

Specialty-chemical maker Hawkinsannounced yesterday its semi-annual dividend of $0.36 per share, a 6% increase from the payout made to investors last quarter of $0.34 per share.

The board of directors said the quarterly dividend is payable on Oct. 4 to the holders of record at the close of business on Sept. 20. This is the 28th consecutive year the specialty-chemical maker has paid cash dividends since it first began paying out dividends in 1985.

The regular dividend payment equates to a $0.72-per-share annual dividend, yielding 1.7% based on the closing price today of Hawkins stock.

HWKN Dividend data by YCharts

The article Hawkins Raises Semi-Annual Payout 6% originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.