News & Videos - HENNESSY ADVISORS INC.

Hennessy Advisors, Inc. Completes Offering of $40.25 Million 4.875% Notes Due 2026 PR Newswire NOVATO, Calif., Oct. 20, 2021 NOVATO, Calif. , Oct. 20, 2021 /PRNewswire/ -- Hennessy Advisors, Inc. (the "Company") (NASDAQ: HNNA) today announced that it has closed an underwritten public offering of 4.875% unsecured notes due 2026 (the "2026 Notes") in an aggregate principal amount of $40.25 million , which includes $5.25 million of 2026 Notes issued pursuant to the full exercise of the...

Hennessy Advisors, Inc. Prices Offering of 4.875% Notes Due 2026 PR Newswire NOVATO, Calif., Oct. 13, 2021 NOVATO, Calif. , Oct. 13, 2021 /PRNewswire/ -- Hennessy Advisors, Inc. (the "Company") (NASDAQ: HNNA) today announced that it has priced an underwritten public offering of $35 million in aggregate principal amount of 4.875% unsecured notes due 2026 (the "2026 Notes"). Oppenheimer & Co. Inc. is acting as book-running manager for the offering and Janney Montgomery Scott LLC is acting as...

Hennessy Advisors, Inc. Announces Notes Offering PR Newswire NOVATO, Calif., Oct. 12, 2021 NOVATO, Calif. , Oct. 12, 2021 /PRNewswire/ -- Hennessy Advisors, Inc. (the "Company") (NASDAQ: HNNA) today announced that it was commencing an underwritten public offering of unsecured notes due 2026 (the "2026 Notes"). Oppenheimer & Co. Inc. is acting as book-running manager for the offering, and Janney Montgomery Scott LLC is acting as co-manager. The Company expects the 2026 Notes to be listed on...

Hennessy Advisors, Inc. Reports 25% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend PR Newswire NOVATO, Calif., Aug. 4, 2021 NOVATO, Calif. , Aug. 4, 2021 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) reported results for its third fiscal quarter of 2021, which ended June 30, 2021 . The firm also announced a quarterly dividend of $0.1375 per share to be paid on September 2, 2021 , to shareholders of record as of August 17, 2021 , which represents an annualized...

Hennessy Advisors, Inc. Reports Annual Earnings PR Newswire NOVATO, Calif., Dec. 3, 2019 NOVATO, Calif. , Dec. 3, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for the fiscal year ended September 30, 2019 . "The stock market was characterized by volatility and uncertainty during our fiscal year, even as the major market indices flirted with all-time highs. In fact, in November, all three major indices (NASDAQ, S&P 500 ® Index, and Dow Jones Industrial...

Hennessy Advisors, Inc. Announces Dividend PR Newswire NOVATO, Calif., Oct. 30, 2019 NOVATO, Calif. , Oct. 30, 2019 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.1375 per share, which will be paid on December 3, 2019, to shareholders of record as of November 12 , 2019. This quarterly dividend equates to an annualized dividend of $0.55 , bringing the yield to 4.9% based on a closing stock price of $11.18 on October 29,...

Hennessy Advisors, Inc. Reports Third Quarter Earnings Firm Announces 25% Dividend Increase (14th Increase since IPO) PR Newswire NOVATO, Calif., Aug. 7, 2019 NOVATO, Calif. , Aug. 7, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) reported results for its third fiscal quarter of 2019, which ended June 30, 2019 , and also announced a quarterly dividend increase. "Actively managed U.S. mutual funds experienced net outflows again this quarter. While our financial results were negatively...

Hennessy Advisors, Inc. Repurchases Shares PR Newswire NOVATO, Calif., May 16, 2019 NOVATO, Calif. , May 16, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today repurchased 422,692 shares of its common stock at $9.50 per share in a privately negotiated transaction. This repurchase represents approximately 5.3% of shares outstanding and was made pursuant to the Company's 2010 stock buyback program. "Our Board and senior management team strongly believe that the current stock price...

Hennessy Advisors, Inc. Reports Second Quarter Earnings of $0.37 Per Share Firm Also Announces Quarterly Dividend PR Newswire NOVATO, Calif., May 7, 2019 NOVATO, Calif. , May 7, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) reported results for its second fiscal quarter of 2019, which ended March 31, 2019 , and also announced a quarterly dividend. Summary Highlights (compared to the prior comparable quarter ended March 31, 2018 ): Fully diluted earnings per share decreased 36% to...

Hennessy Advisors, Inc. Reports First Quarter Earnings of $0.39 Per Share Firm Also Announces Quarterly Dividend PR Newswire NOVATO, Calif., Feb. 12, 2019 NOVATO, Calif. , Feb. 12, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) reported results for its first fiscal quarter of 2019, which ended December 31, 2018 , and also announced a quarterly dividend. Summary Highlights (compared to prior comparable quarter ended December 31, 2017): Fully diluted earnings per share decreased 63% to...

Hennessy Advisors, Inc. Reports Increases in Annual Revenue, Earnings, and Net Income PR Newswire NOVATO, Calif., Nov. 28, 2018 NOVATO, Calif. , Nov. 28, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for the fiscal year ended September 30, 2018 . Summary Highlights for the Fiscal Year (compared to fiscal year 2017): Fully diluted earnings per share increased 35.9% to $2.61 . Our effective tax rate decreased from 35.7% to 11.9%. Note: The Tax Cuts and Jobs Act...

Hennessy Advisors, Inc. Increases Dividend 10% PR Newswire NOVATO, Calif., Oct. 30, 2018 NOVATO, Calif. , Oct. 30, 2018 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.11 per share (annualized at $0.44 ), which represents a 10% increase from the firm's previous quarterly dividend of $0.10 per share. The dividend will be paid on December 5, 2018, to shareholders of record as of November 13 , 2018. "Since 2005, our...

Hennessy Advisors, Inc. Acquires the BP Capital TwinLine Funds, Completing Its Tenth Asset Purchase PR Newswire NOVATO, Calif., Oct. 26, 2018 NOVATO, Calif. , Oct. 26, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today announced that it has completed the acquisition of assets related to the management of the BP Capital TwinLine Energy Fund and the BP Capital TwinLine MLP Fund. As a result, these funds will be reorganized into two newly formed series of Hennessy Funds, the Hennessy...

Hennessy Advisors, Inc. Reports Third Quarter Earnings of $0.53 Per Share Firm Also Announces Quarterly Dividend PR Newswire NOVATO, Calif., Aug. 1, 2018 NOVATO, Calif. , Aug. 1, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for its third fiscal quarter ended June 30, 2018 , and also announced a quarterly dividend. Summary Highlights (compared to prior comparable quarter ended June 30, 2017 ): Fully diluted earnings per share increased 4% to $0.53 . Our...

Hennessy Advisors, Inc. to Acquire the BP Capital TwinLine Funds PR Newswire NOVATO, Calif., July 10, 2018 NOVATO, Calif. , July 10, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today announced that it has signed a definitive agreement with BP Capital Fund Advisors, LLC ("BP Capital") to purchase the assets related to the management of the BP Capital TwinLine Energy Fund and the BP Capital TwinLine MLP Fund (the "BP Funds"). The two BP Funds have current combined assets of...

Hennessy Advisors, Inc. Reports Second Quarter Earnings of $0.58 Per Share Firm Also Announces Quarterly Dividend PR Newswire NOVATO, Calif., May 2, 2018 NOVATO, Calif. , May 2, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for its second fiscal quarter ended March 31, 2018 , and announced a quarterly dividend. Summary Highlights (compared to prior comparable quarter ended March 31, 2017 ): Fully diluted earnings per share increased 23% to $0.58 . Our...

Teresa M. Nilsen Appointed President of Hennessy Advisors, Inc. PR Newswire NOVATO, Calif., Jan. 26, 2018 NOVATO, Calif. , Jan. 26, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) (the "Company") is pleased to announce the promotion of Teresa M. Nilsen to President. Ms. Nilsen has served as an Executive Vice President, Chief Financial Officer, Secretary, and Director of the Company since 1989. Alongside founder Neil J. Hennessy , she has helped to build Hennessy from its inception....

Hennessy Advisors, Inc. Reports First Quarter Earnings of $1.04 Per Share Firm Also Announces Quarterly Dividend Increase of 33% PR Newswire NOVATO, Calif., Jan. 25, 2018 NOVATO, Calif. , Jan. 25, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for its first fiscal quarter ended December 31, 2017 , and announced an increased quarterly dividend. Summary Highlights Fully diluted earnings per share of $1.04 , an increase of 100% over the prior comparable quarter...

Hennessy Advisors, Inc. Completes the Acquisition of the Rainier U.S. Equity Funds, Bringing Assets Under Management to $7.3 Billion PR Newswire NOVATO, Calif., Jan. 12, 2018 NOVATO, Calif. , Jan. 12, 2018 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today announced that it has completed the acquisition of assets related to the management of the Rainier Small/Mid Cap Equity Fund, the third and final of the Rainier U.S. Equity Funds. As a result, the Rainier Small/Mid Cap Equity Fund...

Hennessy Advisors, Inc. Reports Record Annual Earnings and Revenue PR Newswire NOVATO, Calif., Dec. 4, 2017 NOVATO, Calif. , Dec. 4, 2017 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for the fiscal year ended September 30, 2017 . Summary Highlights for the Fiscal Year: Fully diluted earnings per share of $1.92 for fiscal year 2017, an increase of 3.2% over the prior fiscal year. Revenue for the fiscal year totaled $53.0 million , an increase of 3.0% over the prior...