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

Hennessy Advisors, Inc. (NASDAQ:HNNA) declared a quarterly dividend on Wednesday, October 30th,Zacks Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date is Thursday, November 14th.

Hennessy Advisors Stock Performance

NASDAQ HNNA opened at $10.31 on Tuesday. 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 firm has a market cap of $79.18 million, a price-to-earnings ratio of 13.05 and a beta of 0.79. The company has a fifty day moving average price of $10.04 and a 200-day moving average price of $8.58. Hennessy Advisors has a 1 year low of $6.33 and a 1 year high of $11.99.

About Hennessy Advisors

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.