Hennessy Advisors (Hennessy Advisors) Dividend Payout Ratio

: 0.86 (As of Dec. 2023)

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Hennessy Advisors's dividend payout ratio for the 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.

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

HNNA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 0.87
Current: 0.86

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.

HNNA's Dividend Payout Ratio is ranked worse than
52.99% of 938 companies
in the Asset Management industry
Industry Median: 0.83 vs HNNA: 0.86

As of today (2024-04-24), the Dividend Yield % of Hennessy Advisors is 8.09%.

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

Hennessy Advisors's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Hennessy Advisors's Dividend Payout Ratio 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 Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

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0.33

0.52

0.51

0.67

0.87

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 Payout Ratio	Get a 7-Day Free Trial															0.92	0.92	0.92	0.77	0.86

Competitive Comparison

For the Asset Management subindustry, Hennessy Advisors's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Hennessy Advisors's Dividend Payout Ratio falls into.

Hennessy Advisors Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Hennessy Advisors's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.55	/	0.63
	=	0.87

Hennessy Advisors's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.138	/	0.16
	=	0.86

Hennessy Advisors (NAS:HNNA) Dividend Payout Ratio Explanation

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.

Hennessy Advisors Dividend Payout Ratio Related Terms

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

Hennessy Advisors (Hennessy Advisors) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

7250 Redwood Boulevard, Suite 200, Novato, CA, USA, 94945

Website

https://www.hennessyadvisors.com

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