Hawkins, Inc. Declares Semi-Annual Cash Dividend of $0.24 Per Share
Posted on: Friday, 8 February 2008, 18:00 CST
MINNEAPOLIS, Feb. 8 /PRNewswire-FirstCall/ -- The Board of Directors of Hawkins, Inc. , at its meeting on February 6, 2008 declared a semi-annual cash dividend of $0.24 per share payable April 4, 2008, to shareholders of record at the close of business on March 21, 2008. This is the 23rd consecutive year the Company has paid cash dividends since it first began paying out dividends in 1985.
Hawkins, Inc. provides a full range of bulk industrial products complemented with the technical competence and innovation to formulate and blend specialty chemicals. The Company sells and services related products and equipment to safely dispense chemicals in highly controlled environments.
Hawkins serves customers in a wide range of industries, including chemical processing, electronics, energy, environmental services, food processing, metal finishing, pharmaceutical, medical devices, pulp and paper, and water treatment.
Hawkins is headquartered in Minneapolis, Minnesota. The Company operates eighteen facilities in Iowa, Illinois, Kansas, Minnesota, Missouri, Montana, Nebraska, New Jersey, South and North Dakota and Wisconsin and services customers in Upper Michigan and Wyoming as well.
The discussion above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements by their nature involve substantial risks and uncertainties. Actual results may differ materially depending on a variety of factors, including, but not limited to, the following: our ability to pass through cost increases in raw materials and energy, competition from other chemical companies, seasonality and weather conditions, costs and difficulties with our new enterprise resource planning system, the hazards of chemical manufacturing, natural disasters, downturns in our customers' industries, actual growth in our products' markets, changes in our customers' products, compliance with applicable laws and regulations, our ability to meet quality specifications, the adequacy of our insurance coverage, our ability to attract and retain key personnel, our ability to complete and integrate future acquisitions, and future terrorist attacks. Additional information with respect to the risks and uncertainties faced by Hawkins may be found in, and the prior discussion is qualified in its entirety by, the Risk Factors contained in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended April 1, 2007, as updated by subsequent SEC filings.
Hawkins, Inc.
CONTACT: John R. Hawkins, Chief Executive Officer of Hawkins, Inc.,+1-612-617-8532, John.Hawkins@HawkinsInc.com; or Jennifer A. Weichert ofWeichert Financial Relations, Inc., +1-651-686-9751, JWeichert@Comcast.net,for Hawkins, Inc.
Web site: http://www.hawkinsinc.com/
Source: PRNewswire-FirstCall
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