Should You Buy Hawthorn Bancshares, Inc. (NASDAQ:HWBK) For Its Upcoming Dividend?
Readers hoping to buy Hawthorn Bancshares, Inc. (NASDAQ:HWBK) for its dividend will need to make their move shortly, as the stock is about to trade...
Readers hoping to buy Hawthorn Bancshares, Inc. (NASDAQ:HWBK) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase Hawthorn Bancshares' shares before the 14th of September to receive the dividend, which will be paid on the 1st of October.