Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Trading Up 0.2% – Time to Buy?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) was up 0.2% on Monday . The company traded as high as $25.18 and last traded at $25.1820. Approximately 1,444 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 1,539 shares. The stock had previously closed at $25.12.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Up 0.2%

The stock has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $25.03.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.3047 dividend. The ex-dividend date of this dividend is Monday, June 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.