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Stock impact report

Hennessy Advisors, Inc. Increases Dividend 10%

Hennessy Advisors, Inc. (HNNA) 
US:NASDAQ Investor Relations: hennessyadvisors.com
Company Research Source: PR Newswire
NOVATO, Calif., Oct. 30, 2018 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.11 per share (annualized at $0.44), which represents a 10% increase from the firm's previous quarterly dividend of $0.10 per share.  The dividend will be paid on December 5, 2018, to shareholders of record as of November 13, 2018.  "Since 2005, our consistent dividend program has remained a cornerstone of the value we want to provide our shareholders, and we are pleased to increase our dividend for the 13th time," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc.  "But above all, we continue to be committed to our fundamental business strategy of seeking accretive acquisitions and growing organically," 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. i Show less Read more
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