Hennessy Advisors, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2014; Declares First Quarter Dividend, Payable on March 9, 2015
January 30, 2015 at 03:04 am IST
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Hennessy Advisors, Inc. reported earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported total revenues of USD 9,733,740 compared to USD 7,921,323 a year ago. Net income was USD 2,066,279 compared to USD 1,456,776 a year ago. Diluted earnings per share were USD 0.35 compared to USD 0.25 a year ago. Retained earnings were USD 28,308,790 compared to USD 21,111,938 a year ago.
The board of directors declared a quarterly dividend of USD 0.06 per share, which represents a 20% increase over the previous quarterly dividend. This quarterly dividend will be paid on March 9, 2015 to shareholders of record as of February 13, 2015.
Hennessy Advisors, Inc. is an investment management company. The Company provides investment advisory services to 16 open-end mutual funds and one exchange-traded fund (ETF) branded as the Hennessy Funds. The Company serves as the investment advisor to all classes of the Hennessy Cornerstone Growth Fund, the Hennessy Focus Fund, the Hennessy Cornerstone Mid Cap 30 Fund, the Hennessy Cornerstone Large Growth Fund, the Hennessy Cornerstone Value Fund, the Hennessy Total Return Fund, the Hennessy Equity and Income Fund, the Hennessy Balanced Fund, the Hennessy Energy Transition Fund, the Hennessy Midstream Fund, the Hennessy Gas Utility Fund, the Hennessy Japan Fund, the Hennessy Japan Small Cap Fund, the Hennessy Large Cap Financial Fund, the Hennessy Small Cap Financial Fund, and the Hennessy Technology Fund (collectively, the Hennessy Mutual Funds), as well as to the Hennessy Stance ESG ETF. The Company also provides shareholder services to investors in the Hennessy Mutual Funds.
Hennessy Advisors, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2014; Declares First Quarter Dividend, Payable on March 9, 2015
HENNESSY ADVISORS, INC. 
