|Bid||9.75 x 800|
|Ask||10.50 x 4000|
|Day's Range||10.27 - 10.45|
|52 Week Range||7.94 - 12.50|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||11.09|
|Forward Dividend & Yield||0.55 (5.39%)|
|Ex-Dividend Date||Aug 16, 2021|
|1y Target Est||N/A|
The board of Hennessy Advisors, Inc. ( NASDAQ:HNNA ) has announced that it will pay a dividend of US$0.14 per share on...
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more...
On February 11, 2021, Hennessy Advisors (NASDAQ:HNNA) announced shareholders can expect to receive a dividend payable on March 9, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Hennessy Advisors will be on February 23, 2021. The company's current dividend payout is at $0.14. That equates to a dividend yield of 5.98% at current price levels. Understanding Ex-Dividend Dates' An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. Understanding Hennessy Advisors's Dividend Payouts And Yields Over the past year, Hennessy Advisors has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on February 21, 2020 the company's payout was $0.14, which has returned to its value today. Hennessy Advisors's dividend yield last year was 5.27%, which has since grown by 0.71%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more about Hennessy Advisors click here. See more from BenzingaClick here for options trades from Benzinga12 Financials Stocks Moving In Monday's Intraday Session© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.