ADVISORS, INC. RAISES DIVIDEND
FOR THIRD CONSECUTIVE YEAR
CA - January 24, 2008 - The Board of Directors of Hennessy
Advisors, Inc. today declared a cash dividend of $0.09 per share.
This is the company’s fourth annual cash dividend, and it
is the third consecutive year where the dividend has increased year
over year. The dividend will be paid on March 6, 2008 to shareholders
of record as of February 13, 2008.
are very pleased to give this increased annual dividend to our shareholders,
so that they can share in the company’s financial success,”
said Neil Hennessy, President and Chief Executive Officer of Hennessy
Advisors, Inc. “We believe this dividend represents a tangible
example of the fundamental financial strength of Hennessy Advisors,
and we want to thank our shareholders for their continued confidence
in our firm,” he added.
Hennessy Advisors, Inc., located in Novato, CA, is a publicly traded
investment advisor to six no-load mutual funds. Hennessy Advisors,
Inc. is committed to their time-tested, quantitative stock selection
formulas and disciplined money management approach.
Nothing in this section shall be considered a solicitation to buy
or an offer to sell a security to any person in any jurisdiction
where such offer, solicitation, purchase or sale would be unlawful
under the securities laws of such jurisdiction.