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

Hennessy Advisors, Inc. (NASDAQ:HNNA) announced a quarterly dividend on Thursday, August 8th, Zacks reports. Investors of record on Thursday, August 22nd will be given a dividend of 0.138 per share by the asset manager on Thursday, September 5th. This represents a $0.55 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date is Thursday, August 22nd.

Hennessy Advisors Stock Performance

Shares of HNNA stock opened at $9.61 on Wednesday. Hennessy Advisors has a 52 week low of $6.33 and a 52 week high of $11.99. The company has a market capitalization of $73.76 million, a price-to-earnings ratio of 14.13 and a beta of 0.78. The company has a 50-day simple moving average of $7.95 and a 200 day simple moving average of $7.27. The company has a debt-to-equity ratio of 0.44, a quick ratio of 20.01 and a current ratio of 20.01.

Hennessy Advisors Company Profile

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.