Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Shares Up 0.1% – Still a Buy?

Shares of Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) traded up 0.1% during trading on Tuesday . The stock traded as high as $25.12 and last traded at $25.1550. 131 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 973 shares. The stock had previously closed at $25.12.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Up 0.1%

The business’s fifty day moving average price is $25.02 and its 200 day moving average price is $24.93.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.3047 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.8%.

About Hennessy Advisors, Inc. 4.875% Notes due 2026

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.