Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.
Hennessy Advisors Dividend Announcement
• Hennessy Advisors announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-14
• Hennessy Advisors annual dividend for 2024 was $0.55
• Hennessy Advisors annual dividend for 2023 was $0.55
• Hennessy Advisors's trailing twelve-month (TTM) dividend yield is 5.43%
• Hennessy Advisors's payout ratio for the trailing twelve months (TTM) is 67.73%
• Hennessy Advisors's dividend growth over the last five years (2018-2023) was 6.07% year
• Hennessy Advisors's dividend growth over the last ten years (2013-2023) was 11.46% year
Hennessy Advisors Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.14 | quarterly | 2024-11-27 |
2024-08-22 | $0.14 | quarterly | 2024-09-05 |
2024-05-21 | $0.14 | quarterly | |
2024-02-16 | $0.14 | quarterly | 2024-03-04 |
2023-11-10 | $0.14 | quarterly | 2023-11-27 |
2023-08-22 | $0.14 | quarterly | 2023-09-06 |
2023-05-22 | $0.14 | quarterly | 2023-06-05 |
2023-02-17 | $0.14 | quarterly | 2023-03-06 |
2022-11-14 | $0.14 | quarterly | 2022-11-30 |
2022-08-15 | $0.14 | quarterly | 2022-08-31 |
2022-05-20 | $0.14 | quarterly | 2022-06-02 |
2022-02-18 | $0.14 | quarterly | 2022-03-04 |
2021-11-09 | $0.14 | quarterly | 2021-11-23 |
2021-08-16 | $0.14 | quarterly | 2021-09-02 |
2021-05-24 | $0.14 | quarterly | 2021-06-04 |
2021-02-23 | $0.14 | quarterly | 2021-03-09 |
2020-11-10 | $0.14 | quarterly | 2020-12-02 |
2020-08-18 | $0.14 | quarterly | 2020-09-10 |
2020-05-22 | $0.14 | quarterly | 2020-06-09 |
2020-02-21 | $0.14 | quarterly | 2020-03-06 |
2019-11-08 | $0.14 | quarterly | 2019-12-03 |
2019-08-19 | $0.14 | quarterly | 2019-09-10 |
2019-05-17 | $0.11 | quarterly | 2019-06-11 |
2019-02-15 | $0.11 | quarterly | 2019-03-05 |
2018-11-09 | $0.11 | quarterly | 2018-12-05 |
2018-08-15 | $0.10 | quarterly | 2018-09-10 |
2018-05-16 | $0.10 | quarterly | 2018-06-11 |
2018-02-08 | $0.10 | quarterly | 2018-03-05 |
2017-11-14 | $0.07 | quarterly | 2017-12-08 |
2017-08-15 | $0.07 | quarterly | 2017-09-11 |
2017-05-12 | $0.07 | quarterly | 2017-06-08 |
2017-02-08 | $0.17 | quarterly | 2017-03-06 |
2016-11-10 | $0.15 | quarterly | 2016-12-08 |
2016-08-16 | $0.12 | quarterly | 2016-09-12 |
2016-05-17 | $0.12 | quarterly | 2016-06-13 |
2016-02-10 | $0.12 | quarterly | 2016-03-07 |
2015-11-12 | $0.09 | quarterly | 2015-12-09 |
2015-08-14 | $0.09 | quarterly | 2015-09-10 |
2015-05-18 | $0.09 | quarterly | 2015-06-12 |
2015-02-11 | $0.09 | quarterly | 2015-03-09 |
2014-11-12 | $0.07 | quarterly | 2014-12-08 |
2014-08-19 | $0.06 | quarterly | 2014-09-15 |
2014-05-16 | $0.06 | quarterly | 2014-06-12 |
2014-02-12 | $0.06 | quarterly | 2014-03-10 |
2013-11-13 | $0.05 | quarterly | 2013-12-09 |
2013-08-20 | $0.05 | quarterly | 2013-09-15 |
2013-05-22 | $0.05 | quarterly | 2013-06-17 |
2013-01-31 | $0.05 | quarterly | 2013-02-25 |
Hennessy Advisors Dividend per year
Hennessy Advisors Dividend growth
Hennessy Advisors Dividend Yield
Hennessy Advisors current trailing twelve-month (TTM) dividend yield is 5.43%. Interested in purchasing Hennessy Advisors stock? Use our calculator to estimate your expected dividend yield:
Hennessy Advisors Financial Ratios
Hennessy Advisors Dividend FAQ
Other factors to consider when evaluating Hennessy Advisors as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Hennessy Advisors stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Hennessy Advisors's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hennessy Advisors publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hennessy Advisors distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hennessy Advisors are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hennessy Advisors sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hennessy Advisors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hennessy Advisors declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hennessy Advisors's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hennessy Advisors's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.