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Hennessy Advisors, Inc. Announces Dividend

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Hennessy Advisors (NASDAQ: HNNA) has declared a quarterly dividend of $0.1375 per share, payable on November 27, 2024, to shareholders of record as of November 14, 2024. The dividend represents an annualized yield of 5.28% based on the October 29, 2024 closing price of $10.41. This marks the company's second decade of consistent dividend payments, with the current dividend being supported by both earnings and cash flow.

Hennessy Advisors (NASDAQ: HNNA) ha dichiarato un dividendo trimestrale di 0,1375 dollari per azione, che sarà pagato il 27 novembre 2024, agli azionisti registrati al 14 novembre 2024. Il dividendo corrisponde a un rendimento annualizzato del 5,28% basato sul prezzo di chiusura del 29 ottobre 2024 di 10,41 dollari. Questo segna il secondo decennio di pagamenti di dividendi costanti da parte dell'azienda, con l'attuale dividendo supportato sia dai profitti che dal flusso di cassa.

Hennessy Advisors (NASDAQ: HNNA) ha declarado un dividendo trimestral de 0,1375 dólares por acción, que se pagará el 27 de noviembre de 2024, a los accionistas registrados a partir del 14 de noviembre de 2024. El dividendo representa un rendimiento anualizado del 5,28% en función del precio de cierre del 29 de octubre de 2024 de 10,41 dólares. Esto marca el segundo decenio de pagos de dividendos constantes de la compañía, con el dividendo actual respaldado tanto por las ganancias como por el flujo de caja.

헤네시 어드바이저스 (NASDAQ: HNNA)는 주당 0.1375달러의 분기 배당금을 선언하였으며, 2024년 11월 27일에 배당금이 지급될 예정입니다. 배당금 지급 대상 주주는 2024년 11월 14일 기준의 주주입니다. 이 배당금은 2024년 10월 29일 종가인 10.41달러를 기준으로 할 때, 연율 수익률은 5.28%에 해당합니다. 이는 회사가 10년 연속 배당금을 지급하는 것을 의미하며, 현재의 배당금은 이익과 현금 흐름 모두에 의해 지원됩니다.

Hennessy Advisors (NASDAQ: HNNA) a déclaré un dividende trimestriel de 0,1375 dollars par action, payable le 27 novembre 2024 aux actionnaires enregistrés au 14 novembre 2024. Ce dividende représente un rendement annualisé de 5,28% basé sur le prix de clôture du 29 octobre 2024 de 10,41 dollars. Cela marque la deuxième décennie de paiements de dividendes constants de l'entreprise, le dividende actuel étant soutenu à la fois par les bénéfices et par le flux de trésorerie.

Hennessy Advisors (NASDAQ: HNNA) hat eine vierteljährliche Dividende von 0,1375 Dollar pro Aktie erklärt, zahlbar am 27. November 2024 für Aktionäre, die am 14. November 2024 im Aktienregister stehen. Die Dividende entspricht einer annualisierten Rendite von 5,28% basierend auf dem Schlusskurs vom 29. Oktober 2024 von 10,41 Dollar. Dies markiert das zweite Jahrzehnt konstanter Dividendenausschüttungen des Unternehmens, wobei die aktuelle Dividende sowohl durch Gewinne als auch durch den Cashflow unterstützt wird.

Positive
  • 20-year track record of consistent dividend payments
  • 5.28% annualized dividend yield
  • Dividend well supported by earnings and cash flow
Negative
  • None.

NOVATO, Calif., Oct. 30, 2024 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.1375 per share to be paid on November 27, 2024, to shareholders of record as of November 14, 2024, which represents an annualized dividend yield of 5.28%.*

"This year marks the second decade of consistently paying a dividend to our shareholders. Our dividend is well supported by both earnings and cash flow and reflects our core commitment that our shareholders are our top priority," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc.  

* Based on the closing stock price of $10.41 on October 29, 2024, and an annualized dividend of $0.55 per share.

About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy‑and‑hold philosophy that rejects the idea of market timing.

Supplemental Information
Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.

Forward-Looking Statements
This press release contains "forward-looking statements" for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. Forward‑looking statements relate to expectations and projections about future events based on currently available information. Forward‑looking statements are not a guarantee of future performance or results and are not necessarily accurate indications of the times at which, or means by which, such performance or results may be achieved. Forward‑looking statements are subject to risks, uncertainties, and assumptions, including those described in the sections entitled "Risk Factors" and elsewhere in the reports that Hennessy Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen developments could cause actual performance or results to differ substantially from those expressed in, or suggested by, the forward‑looking statements. Hennessy Advisors, Inc. management does not assume responsibility for the accuracy or completeness of the forward-looking statements and undertakes no responsibility to update any such statement after the date of this press release to conform to actual results or to changes in expectations.

Cision View original content:https://www.prnewswire.com/news-releases/hennessy-advisors-inc-announces-dividend-302291892.html

SOURCE Hennessy Advisors, Inc.

FAQ

What is Hennessy Advisors' (HNNA) quarterly dividend amount for Q4 2024?

Hennessy Advisors declared a quarterly dividend of $0.1375 per share for Q4 2024.

When is Hennessy Advisors' (HNNA) next dividend payment date?

The dividend will be paid on November 27, 2024, to shareholders of record as of November 14, 2024.

What is Hennessy Advisors' (HNNA) current dividend yield?

Based on the closing price of $10.41 on October 29, 2024, the annualized dividend yield is 5.28%.

How long has Hennessy Advisors (HNNA) been paying dividends?

As of 2024, Hennessy Advisors has maintained a consistent dividend payment record for two decades.

Hennessy Advisors, Inc.

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