Hennessy Advisors, Inc. to Issue Quarterly Dividend of $0.08 (HNNA)
Hennessy Advisors, Inc. (NASDAQ:HNNA) declared a quarterly dividend on Thursday, August 3rd, Wall Street Journal reports. Shareholders of record on Thursday, August 17th will be given a dividend of 0.075 per share by the asset manager on Monday, September 11th. This represents a $0.30 annualized dividend and a yield of 1.91%. The ex-dividend date is Tuesday, August 15th.
Hennessy Advisors (NASDAQ HNNA) opened at 15.73 on Thursday. Hennessy Advisors has a 1-year low of $13.88 and a 1-year high of $39.47. The firm has a 50-day moving average of $15.86 and a 200 day moving average of $18.62. The firm has a market cap of $120.96 million, a price-to-earnings ratio of 8.11 and a beta of 1.24.
Hennessy Advisors (NASDAQ:HNNA) last announced its earnings results on Wednesday, August 2nd. The asset manager reported $0.51 EPS for the quarter. The firm had revenue of $13.18 million for the quarter. Hennessy Advisors had a net margin of 28.36% and a return on equity of 34.81%.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/08/10/hennessy-advisors-inc-to-issue-quarterly-dividend-of-0-08-hnna.html.
Hennessy Advisors Company Profile
Hennessy Advisors, Inc is an investment management company. The Company’s business activity is managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. It provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund’s portfolio, including the purchase, retention and disposition of portfolio securities in accordance with the Fund’s investment objectives, policies and restrictions; conducting investment research, and monitoring compliance with each fund’s investment restrictions and applicable laws and regulations.
Receive News & Stock Ratings for Hennessy Advisors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hennessy Advisors Inc. and related stocks with our FREE daily email newsletter.