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Hawkins Inc. (HWKN) will raise its quarterly dividend by 1.1 percent to $0.2325 per share quarterly in 2020. Last year Hawkins hiked its quarterly dividend by 2.2 percent.

This next dividend is payable March 6, 2020, to shareholders of record at the close of business on February 21, 2020. A new annualized dividend rate of 93 cents per share yields 2.2% at a stock price of $42.83.

Hawkins, Inc. distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Hawkins has paid cash dividends since 1985.