Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Stock Price Down 0.4% – Time to Sell?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) dropped 0.4% during mid-day trading on Friday . The stock traded as low as $24.77 and last traded at $24.78. Approximately 300 shares were traded during trading, a decline of 77% from the average daily volume of 1,327 shares. The stock had previously closed at $24.88.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Trading Down 0.4%

The company’s 50-day moving average is $24.86 and its 200-day moving average is $24.77.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.3047 per share. The ex-dividend date was Monday, September 15th. This is a positive change from Hennessy Advisors, Inc. 4.875% Notes due 2026’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.9%.

About Hennessy Advisors, Inc. 4.875% Notes due 2026

hennessy advisors, inc. is the publicly traded investment manager of the hennessy funds. the company serves clients with integrity, honesty and candor. hennessy advisors’ strength lies in their disciplined investment style and commitment to managing their mutual funds for the benefit of their shareholders.