Hennessy Advisors, Inc. (NASDAQ:HNNA) Declares $0.14 Quarterly Dividend

Hennessy Advisors, Inc. (NASDAQ:HNNA) declared a quarterly dividend on Wednesday, October 30th,Zacks Dividends reports. Shareholders of record on Thursday, November 14th will be paid a dividend of 0.138 per share by the asset manager on Wednesday, November 27th. This represents a $0.55 annualized dividend and a yield of 5.27%. The ex-dividend date of this dividend is Thursday, November 14th.

Hennessy Advisors Stock Up 1.6 %

Shares of NASDAQ HNNA opened at $10.47 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 17.39 and a quick ratio of 17.39. The stock has a market capitalization of $80.41 million, a PE ratio of 13.25 and a beta of 0.79. Hennessy Advisors has a one year low of $6.33 and a one year high of $11.99. The business’s fifty day moving average price is $10.06 and its 200-day moving average price is $8.63.

Hennessy Advisors Company Profile

Hennessy Advisors, Inc is an employee owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies.