tiprankstipranks
Hennessy Advisors Announces Quarterly Dividend Increase
Company Announcements

Hennessy Advisors Announces Quarterly Dividend Increase

Story Highlights
  • Hennessy Advisors announced a quarterly cash dividend payable on March 6, 2025.
  • The company reported a 125% rise in quarterly earnings per share, with significant revenue and asset growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Hennessy Advisors ( (HNNA) ) has issued an update.

On February 13, 2025, Hennessy Advisors, Inc. announced a quarterly cash dividend of $0.1375 per share, payable on March 6, 2025, to shareholders recorded by February 24, 2025. The firm reported a significant increase in its first fiscal quarter results, with a 125% rise in earnings per share, driven by a 58% revenue increase and a 46% growth in total assets under management. The positive performance is attributed to strong market conditions and effective strategic operations, highlighting their commitment to delivering substantial returns to shareholders.

More about Hennessy Advisors

Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty funds. The company is committed to providing superior service to shareholders and employs a consistent and disciplined approach to investing based on a buy-and-hold philosophy.

YTD Price Performance: -6.69%

Average Trading Volume: 13,925

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $93.4M

For an in-depth examination of HNNA stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App