Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Plans Dividend Increase – $0.30 Per Share

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) declared a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be given a dividend of 0.3047 per share on Monday, March 31st. This represents a $1.22 annualized dividend and a yield of 5.00%. The ex-dividend date of this dividend is Friday, March 14th. This is a 0.0% increase from Hennessy Advisors, Inc. 4.875% Notes due 2026’s previous quarterly dividend of $0.30.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Performance

NASDAQ:HNNAZ traded down $0.13 during trading hours on Wednesday, reaching $24.39. The stock had a trading volume of 517 shares, compared to its average volume of 1,254. The stock has a 50 day simple moving average of $24.39 and a 200 day simple moving average of $24.27. Hennessy Advisors, Inc. 4.875% Notes due 2026 has a 12-month low of $23.10 and a 12-month high of $24.64.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Company Profile

hennessy advisors, inc. is the publicly traded investment manager of the hennessy funds. the company serves clients with integrity, honesty and candor. hennessy advisors’ strength lies in their disciplined investment style and commitment to managing their mutual funds for the benefit of their shareholders.