Hennessy Advisors's last quarterly dividend was on Feb 16, 2024 (ex-date) with a distribution of $0.138 per share. At an annualized rate of $0.55 per share, the stock yields 8.09%.
Hennessy Advisors's dividend yield of 8.09% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.38%, Hennessy Advisors's dividend yield is 139% higher. The historical 5-year average of HNNA's dividend yield is 6.1%, which is below the current yield.
Hennessy Advisors has been paying dividends since 2006. HNNA has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 0.2% since one year ago. However with the stock price down by 10% from a year ago, the dividend yield marks an increase of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 16, 2024 | Mar 4, 2024 | Feb 8, 2024 | $0.138 | normal |
| Nov 10, 2023 | Nov 27, 2023 | Oct 26, 2023 | $0.138 | normal |
| Aug 22, 2023 | Sep 6, 2023 | Aug 2, 2023 | $0.138 | normal |
| May 22, 2023 | Jun 5, 2023 | May 10, 2023 | $0.138 | normal |
| Feb 17, 2023 | Mar 6, 2023 | Feb 9, 2023 | $0.138 | normal |
| Nov 14, 2022 | Nov 30, 2022 | Oct 27, 2022 | $0.138 | normal |
| Aug 15, 2022 | Aug 31, 2022 | Aug 3, 2022 | $0.138 | normal |
| May 20, 2022 | Jun 2, 2022 | May 11, 2022 | $0.138 | normal |
| Feb 18, 2022 | Mar 4, 2022 | Feb 10, 2022 | $0.138 | normal |
| Nov 9, 2021 | Nov 23, 2021 | Oct 29, 2021 | $0.138 | normal |
| Aug 16, 2021 | Sep 2, 2021 | Aug 4, 2021 | $0.138 | normal |
| May 24, 2021 | Jun 4, 2021 | May 12, 2021 | $0.138 | normal |
| Feb 23, 2021 | Mar 9, 2021 | Feb 11, 2021 | $0.138 | normal |
| Nov 10, 2020 | Dec 2, 2020 | Oct 30, 2020 | $0.138 | normal |
| Aug 18, 2020 | Sep 10, 2020 | Aug 6, 2020 | $0.138 | normal |
| May 22, 2020 | Jun 9, 2020 | May 14, 2020 | $0.138 | normal |
| Feb 21, 2020 | Mar 6, 2020 | Feb 11, 2020 | $0.138 | normal |
| Nov 8, 2019 | Dec 3, 2019 | Oct 30, 2019 | $0.138 | normal |
| Aug 19, 2019 | Sep 10, 2019 | Aug 7, 2019 | $0.138 | normal |
| May 17, 2019 | Jun 11, 2019 | May 7, 2019 | $0.11 | normal |
| Feb 15, 2019 | Mar 5, 2019 | Feb 11, 2019 | $0.11 | normal |
| Nov 9, 2018 | Dec 5, 2018 | Oct 30, 2018 | $0.11 | normal |
| Aug 15, 2018 | Sep 10, 2018 | Aug 1, 2018 | $0.1 | normal |
| May 16, 2018 | Jun 11, 2018 | May 2, 2018 | $0.1 | normal |
| Feb 8, 2018 | Mar 5, 2018 | Jan 25, 2018 | $0.1 | normal |
| Nov 14, 2017 | Dec 8, 2017 | Oct 31, 2017 | $0.075 | normal |
| Aug 15, 2017 | Sep 11, 2017 | Aug 2, 2017 | $0.075 | normal |
| May 12, 2017 | Jun 8, 2017 | May 1, 2017 | $0.075 | normal |
| Feb 8, 2017 | Mar 6, 2017 | Jan 26, 2017 | $0.075 | normal |
| Nov 10, 2016 | Dec 8, 2016 | Oct 31, 2016 | $0.067 | normal |
| Aug 16, 2016 | Sep 12, 2016 | Aug 3, 2016 | $0.053 | normal |
Hennessy Advisors's payout ratio of 84.6% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.5%, Hennessy Advisors's payout ratio is 114% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HNNA Hennessy Advisors Inc | 8.09% | $0.55 | 84.6% |
| BEN Franklin Resources Inc | 4.82% | $1.22 | 64.2% |
| BLK BlackRock Inc | 2.62% | $20.1 | 54.5% |
Yes, Hennessy Advisors has been paying dividends for the last 18 years.
Currently HNNA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Hennessy Advisors's last dividend ex-date was on Feb 16, 2024. The dividend amount was $0.138 per share.
HNNA has paid dividend of $0.55 per share in the last year.
Currently Hennessy Advisors's dividend yield is 8.09%.
Hennessy Advisors has a quarterly dividend frequency.
Hennessy Advisors's dividend payout ratio is 84.6%.
Hennessy Advisors's dividend yield is above the Financial Services sector average.