NOVATO, Calif., Oct. 30, 2014 /PRNewswire/ -- The Board of
Directors of Hennessy Advisors, Inc. (NASDAQ:HNNA) declared a
quarterly dividend of $0.05 per
share, which represents a 25% increase from the firm's previous
quarterly dividend of $0.04 per
share. The dividend will be paid on December
8, 2014 to shareholders of record as of November 14, 2014. Hennessy Advisors, Inc.
initiated its first dividend in early 2005 and has consistently
paid a dividend to its shareholders since.
"We are proud of the ongoing success of Hennessy Advisors, and
we are very pleased to continue to share that success with our
shareholders in the form of this increased quarterly dividend,"
said Neil Hennessy, President,
Chairman and CEO of Hennessy Advisors, Inc. "We will remain
diligent in executing our long-term business plan, searching for
strategic acquisitions, managing the investment performance of our
family of mutual funds and striving to maintain our strong sales
and marketing momentum for the benefit of our valued shareholders,"
added Mr. Hennessy.
About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager
offering a broad range of domestic equity, balanced and fixed
income, and sector and specialty mutual funds. Hennessy Advisors,
Inc. is committed to its consistent and repeatable investment
process, combining time-tested stock selection strategies with a
highly disciplined, team-managed approach, and to superior service
to shareholders.
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.
Available Topic Expert(s): For information on the listed
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Neil J.
Hennessy
http://www.profnetconnect.com/neil_hennessy
SOURCE Hennessy Advisors, Inc.