The Board of Directors of Hennessy Advisors, Inc. (NASDAQ:HNNA) declared a quarterly cash dividend of $0.15 per share on October 28, 2026, payable November 25, 2026, to shareholders of record as of November 10, 2026.

Key Highlights

  • Dividend amount: $0.15 per share declared for the quarter ending with a November 25, 2026 payment date.
  • Record date: Shareholders of record as of November 10, 2026 will be eligible to receive the dividend.
  • Annualized yield: The dividend represents an annualized yield of 5.85%, based on a closing stock price of $10.25 on October 27, 2026.
  • Annualized dividend: The $0.15 quarterly payment equates to $0.60 per share on an annualized basis.
  • Dividend history: According to the filing, the company has been paying dividends for more than two decades.

Hennessy Advisors Quarterly Dividend Details and Company Context

Hennessy Advisors, Inc., a publicly traded investment manager headquartered in Novato, California, disclosed the quarterly dividend declaration via press release on October 28, 2026. The company describes itself as offering "a broad range of domestic equity, multi-asset, and sector and specialty funds," employing what it characterizes as a buy-and-hold investment philosophy that "rejects the idea of market timing."

Neil Hennessy, Chairman and CEO, stated in the filing: "We are pleased to continue our longstanding commitment to shareholders with another quarterly dividend of $0.15 per share." He further noted that the company has been paying dividends for more than two decades and described the dividend as reflecting "our focus on creating long-term shareholder value." The annualized yield of 5.85% cited in the filing is calculated based on the closing stock price of $10.25 recorded on October 27, 2026, and the annualized dividend rate of $0.60 per share. Hennessy Advisors trades on NASDAQ under the ticker HNNA.

The press release includes forward-looking statements for which the company claims protection under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The filing notes that such statements "are not a guarantee of future performance or results" and that "unforeseen developments could cause actual performance or results to differ substantially" from those expressed in those statements.

What Was Disclosed

Hennessy Advisors, Inc. announced a $0.15 per share quarterly dividend on October 28, 2026, payable November 25, 2026, to holders of record as of November 10, 2026, representing an annualized yield of 5.85% based on a $10.25 closing price.