Hennessy Advisor (HNNA) Declares $0.075 Quarterly Dividend; 1.8% Yield
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Hennessy Advisors, Inc. Reports Second Quarter Earnings Per Share Increase of 9%; Firm Also Announces Quarterly Dividend
May 1, 2017 4:15 PM EDTNOVATO, Calif., May 1, 2017 /PRNewswire/ --Â Hennessy Advisors, Inc. (NASDAQ: HNNA) today reported fully diluted earnings per share of $0.47 for the second fiscal quarter ended March 31, 2017, an increase of 9% over the prior comparable quarter ended March 31, 2016. Quarterly revenue totaled $13.2 million, an increase of 9% over the prior comparable period. Â From March 31, 2016, to March 31, 2017, total assets under management increased 3%, while average assets under management, upon which revenue is calculated, increased by 11%.Â
Additionally, the Board of Directors of Hennessy Advisors today declared a quarterly dividend of $0.075 per share. Â This quarterly dividend will... More
