Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Shares Up 0.6% – Should You Buy?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZGet Free Report)’s stock price rose 0.6% on Wednesday . The stock traded as high as $24.83 and last traded at $24.99. Approximately 325 shares changed hands 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 Stock Down 0.1%

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

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

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

About Hennessy Advisors, Inc. 4.875% Notes due 2026

(Get Free Report)

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.

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