GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hennessy Advisors Inc (NAS:HNNA) » Definitions » Dividend Yield %

Hennessy Advisors (Hennessy Advisors) Dividend Yield % : 8.21% (As of Apr. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Hennessy Advisors Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Hennessy Advisors is 8.21%.

Good Sign:

Hennessy Advisors Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Hennessy Advisors's Dividend Yield % or its related term are showing as below:

HNNA' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 2.97   Max: 8.57
Current: 8.21

During the past 13 years, the highest Dividend Yield of Hennessy Advisors was 8.57%. The lowest was 0.69%. And the median was 2.97%.

HNNA's Dividend Yield % is ranked better than
68.15% of 1215 companies
in the Asset Management industry
Industry Median: 5.65 vs HNNA: 8.21

Hennessy Advisors's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hennessy Advisors Inc is 0.86, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Hennessy Advisors was 0.87. The lowest was 0.11. And the median was 0.24.

As of today (2024-04-26), the Forward Dividend Yield % of Hennessy Advisors is 8.21%.

Hennessy Advisors's Dividends per Share for the three months ended in Dec. 2023 was $0.14.

During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hennessy Advisors was 44.20% per year. The lowest was -2.80% per year. And the median was 22.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Hennessy Advisors Dividend Yield % Historical Data

The historical data trend for Hennessy Advisors's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hennessy Advisors Dividend Yield % Chart

Hennessy Advisors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 6.63 5.72 6.34 8.26

Hennessy Advisors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.56 7.10 7.79 8.26 8.20

Competitive Comparison of Hennessy Advisors's Dividend Yield %

For the Asset Management subindustry, Hennessy Advisors's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hennessy Advisors's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hennessy Advisors's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hennessy Advisors's Dividend Yield % falls into.



Hennessy Advisors Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Hennessy Advisors Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1382024-02-162024-02-202024-03-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1382023-11-102023-11-132023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.1382023-08-222023-08-232023-09-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.1382023-05-222023-05-232023-06-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hennessy Advisors's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.552/6.70
=8.24 %

Current Share Price is $6.70.
Hennessy Advisors's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.552.

Hennessy Advisors's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.552/6.70
=8.24 %

Current Share Price is $6.70.
Hennessy Advisors's Dividends per Share for the forward twelve months is calculated as $0.138 * 4 = $0.552.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hennessy Advisors  (NAS:HNNA) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hennessy Advisors Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Hennessy Advisors's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hennessy Advisors (Hennessy Advisors) Business Description

Traded in Other Exchanges
N/A
Address
7250 Redwood Boulevard, Suite 200, Novato, CA, USA, 94945
Hennessy Advisors Inc is an investment management company, engaged in the managing and marketing of open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, sectors, and specialty, balanced and fixed income products. It provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund's portfolio, including the purchase, retention, and disposition of portfolio securities in accordance with the Fund's investment objectives, policies, and restrictions; conducting investment research, and monitoring compliance with each fund's investment restrictions and applicable laws and regulations.
Executives
Neil J Hennessy director, 10 percent owner, officer: President and CEO 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kiera Newton director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Knight Oriordan Lydia D director 7240 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Rodger Offenbach director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel B Steadman director, officer: Executive Vice President 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Brian A Hennessey director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Teresa M Nilsen director, officer: EVP, CFO and Secretary 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Thomas L Seavey director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kathryn Fahy officer: SVP and CFO 7250 REDWOOD BOULEVARD, SUITE 200, NOVATO CA 94945
Susan Weber Pomilia director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel G Libarie director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Charles W Bennett director 700 IRWIN STREET, SAN RAFAEL CA 94901-3300
Henry Hansel director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945

Hennessy Advisors (Hennessy Advisors) Headlines