Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Trading Down 0.4% – What’s Next?

Shares of Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) were down 0.4% during trading on Tuesday . The stock traded as low as $24.35 and last traded at $24.39. Approximately 737 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 1,184 shares. The stock had previously closed at $24.50.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Up 1.5 %

The firm’s 50 day simple moving average is $24.43 and its 200 day simple moving average is $24.31.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Saturday, March 15th will be given a $0.3047 dividend. This is an increase from Hennessy Advisors, Inc. 4.875% Notes due 2026’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend is Friday, March 14th.

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

hennessy advisors, inc. is the publicly traded investment manager of the hennessy funds. the company serves clients with integrity, honesty and candor. hennessy advisors’ strength lies in their disciplined investment style and commitment to managing their mutual funds for the benefit of their shareholders.