2015 HWBK DIVIDEND UP 20% OVER 2014!

HWBK's July dividend, including special stock dividend, is up 20% compared to July 2014!  I think this is amazing performance, considering I added no new cash to my stake.  I simply re-invested dividends and the bank did the rest.  As I mentioned in an earlier post, Warren Buffet says a good investment is one that should grow without any further cash out of pocket.  The value of my Hawthorne Bank shares has gone up about 39% since my initial purchase and dividend income has increased 20% since last year.  I think this would qualify as a good investment.

I'll be holding my investment in Hawthorne for the long term.  Partly because I believe in their long term prospects, but also because it is a local company and I'm more familiar with their day to day operations than most of the other companies I'm invested in.  It always brightens my day to drive by one of their banks and realize that I own a small part of that business.