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Stock impact report

Hennessy Advisors, Inc. Reports 7% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend [Yahoo! Finance]

Hennessy Advisors, Inc. (HNNA) 
US:NASDAQ Investor Relations: hennessyadvisors.com
Company Research Source: Yahoo! Finance
ended December 31, 2023 . The firm also announced a quarterly dividend of per share to be paid on March 4, 2024 , to shareholders of record as of February 20, 2024 , which represents an annualized dividend yield of 8.3%.* "The markets and our economy were strong in 2023 as inflation fell slightly, employment data was positive, and interest rates flattened," said Neil Hennessy , Chairman and CEO. "I strongly believe that corporate profits and cash flow remain healthy, and that the U.S. consumer is still participating in our economic growth in a meaningful way." "2023 market performance did not disappoint, with the S&P 500 ® Index returning 26.29% and the Dow Jones Industrial Average returning 16.18% for the year ended December 31, 2023 . The backdrop of a strong market helped every one of our 17 Hennessy Funds produce positive returns for calendar year 2023. However, it is the longer-term performance of our products that makes me most proud. All 16 of our funds over ten years old h Show less Read more
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