Hennessy Advisors, Inc. Declares Dividend for Sixth Consecutive Year
29 Gennaio 2010 - 1:05AM
PR Newswire (US)
NOVATO, Calif., Jan. 28 /PRNewswire-FirstCall/ -- Hennessy
Advisors, Inc. (OTC:HNNA) (BULLETIN BOARD: HNNA) The Board of
Directors of Hennessy Advisors, Inc. today declared a cash dividend
of $0.09 per share. This marks the company's sixth consecutive
annual cash dividend. The dividend will be paid on March 4, 2010 to
shareholders of record as of February 10, 2010. "We are very
pleased to once again reward our shareholders with an annual cash
dividend, particularly in light of the recent crisis in the
financial markets. Despite reporting a small loss per share for the
fiscal year ended Sept. 30, 2009, Hennessy Advisors, Inc. is
maintaining the dividend per share amount paid in each of the last
two years," said Neil Hennessy, President and Chief Executive
Officer of Hennessy Advisors, Inc. "The company remains stable and
our balance sheet is strong. We believe this dividend demonstrates
the fundamental financial strength of Hennessy Advisors, as well as
our longstanding commitment to our shareholders. We would like to
thank our shareholders for their past support and continued
confidence as we work to achieve our long-term business goals," he
added. About Hennessy Advisors, Inc. Hennessy Advisors, Inc. is a
publicly traded investment manager of a wide range of both domestic
and international equity products. Hennessy Advisors, Inc. is
committed to a 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 section
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 expert(s), click appropriate link.
Neil J. Hennessy
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=36873
DATASOURCE: Hennessy Advisors, Inc. CONTACT: Tania Kelley of
Hennessy Advisors, Inc., 1-800-966-4354, +1-415-899-1555 Web Site:
http://www.hennessyadvisors.com/
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