Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Shares Up 0.6% – What’s Next?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ)’s share price was up 0.6% on Wednesday . The stock traded as high as $24.83 and last traded at $24.99. Approximately 325 shares were traded during trading, a decline of 60% from the average daily volume of 822 shares. The stock had previously closed at $24.83.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Price Performance

The company has a 50-day moving average price of $25.06 and a 200-day moving average price of $24.96.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be paid a $0.3047 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.22 annualized dividend and a yield of 4.9%.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Company Profile

Hennessy Advisors, Inc is a publicly traded investment management firm specializing in the development and administration of mutual funds, closed-end funds and separately managed accounts. Headquartered in St. Louis, Missouri, the company provides a range of portfolio management services aimed at income and total-return strategies for retail and institutional investors across the United States.

The firm’s core offerings include equity income, growth, and balanced strategies, delivered through a family of open-end and closed-end investment vehicles.