ADVISORS, INC. DECLARES DIVIDEND
FOR 5TH CONSECUTIVE YEAR
CA - January 29, 2009 - The Board of Directors of Hennessy
Advisors, Inc. today declared a cash dividend of $0.09 per share.
This marks the company’s fifth consecutive annual cash dividend.
The dividend will be paid on March 5, 2009 to shareholders of record
as of February 11, 2009.
are very pleased to announce this annual dividend to our shareholders,
particularly in light of the challenging financial marketplace in
which we operate. We believe we have built a strong foundation that
allows us to weather the current economic downturn, and we are using
this time to aggressively build and strengthen our sales and distribution
efforts,” said Neil Hennessy, President and Chief Executive
Officer of Hennessy Advisors, Inc. “We believe this dividend
demonstrates the fundamental financial strength of Hennessy Advisors
and our commitment to the future growth of this company and to our
shareholders. We would like to thank our shareholders for their
support in the past and for their continued confidence in us as
we navigate these volatile conditions,” he added.
Hennessy Advisors, Inc., located in Novato, CA, is a publicly traded
investment advisor to a family of mutual funds 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.