NOVATO, Calif., Oct. 29, 2021 /PRNewswire/ -- The Board of
Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared
a quarterly dividend of $0.1375 per
share, which will be paid on November 23,
2021, to shareholders of record as of November 11, 2021. This quarterly dividend
equates to an annualized dividend of $0.55, bringing the yield to 4.8% based on a
closing stock price of $11.49 on
October 28, 2021.
"Our dependable dividend program is a testament to our financial
strength," said Neil Hennessy,
Chairman and CEO of Hennessy Advisors, Inc. "The payment of this
dividend in November will mark the 17th consecutive year
that Hennessy Advisors has paid dividends to its shareholders," he
added.
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 mutual
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.
View original
content:https://www.prnewswire.com/news-releases/hennessy-advisors-inc-announces-dividend-301411998.html
SOURCE Hennessy Advisors, Inc.