US EditionHennessy Advisors, Inc. Reports 65% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend
- Hennessy Advisors, Inc. Reported second fiscal quarter 2025 results on May 7, 2025, from Novato, California, and announced a quarterly dividend.
- The core event followed a volatile first quarter marked by new sweeping tariffs causing sharp equity and bond market selloffs and heightened investor uncertainty.
- The firm posted $9.3 million in revenue, a 34% increase, net income of $2.6 million, up 68%, and grew assets under management by 37% to $4.7 billion.
- Hennessy announced a dividend of $0.1375 per share, scheduled for payment on June 4, 2025, to those holding shares as of May 20, 2025, reflecting a 5.2% annualized return.
- Chairman Neil Hennessy and President Teresa Nilsen described a new agreement to expand ETF offerings as a strategic step reflecting continued growth and meaningful cash deployment.
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Hennessy Advisors, Inc. Reports 65% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend
NOVATO, Calif., May 7, 2025 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq:HNNA) reported results for its second fiscal quarter of 2025, which ended March 31, 2025. The firm also announced a quarterly dividend of $0.1375 per share to be paid on…
·Albuquerque, United States
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