Filing Analysis
Hennessy Advisors, Inc. announced its quarterly financial results for the period ending June 30, 2026, and declared a cash dividend of $0.15 per share.
📋 Key Facts
- Fiscal quarter ended June 30, 2026, results were released on August 5, 2026.
- Cash dividend declared: $0.15 per share.
- Record date for dividend: August 20, 2026.
- Payment date for dividend: September 3, 2026.
Hennessy Advisors, Inc. announced the full redemption of its outstanding 4.875% notes due 2026, totaling $40.25 million in principal, to be completed on June 30, 2026.
📋 Key Facts
- The Company delivered a notice of full redemption for the 4.875% notes due 2026 (HNNAZ).
- Aggregate outstanding principal amount to be redeemed is $40.25 million.
- Redemption price is 100% of the principal amount plus accrued and unpaid interest.
- Redemption date is scheduled for June 30, 2026.
- Following the redemption, the Notes will be delisted from The Nasdaq Stock Market.
Hennessy Advisors, Inc. reported its financial results for the fiscal quarter ended March 31, 2026, and announced a quarterly cash dividend of $0.15 per share.
📋 Key Facts
- Financial results for the fiscal quarter ended March 31, 2026, were released on May 6, 2026.
- The Company declared a cash dividend of $0.15 per share on its common stock.
- The dividend is payable on June 4, 2026, to shareholders of record as of May 21, 2026.
- The filing includes the earnings press release as Exhibit 99.1.
Hennessy Advisors, Inc. held its Annual Meeting of Shareholders on February 5, 2026. The filing reports the election of eight directors and the results of non-binding advisory votes regarding executive compensation and auditor ratification.
📋 Key Facts
- Annual Meeting held on February 5, 2026.
- Eight directors were elected: Neil J. Hennessy, Teresa M. Nilsen, Henry Hansel, Brian A. Hennessy, Lydia Knight-O’Riordan, Kiera Newton, Susan W. Pomilia, and Thomas L. Seavey.
- Shareholders approved the non-binding advisory vote on executive compensation (Say-on-Pay).
- Shareholders recommended a three-year frequency for the Say-on-Pay advisory vote.
- CBIZ CPAs P.C. was ratified as the independent registered public accounting firm for fiscal year 2026.
Hennessy Advisors, Inc. announced its financial results for the fiscal quarter ended December 31, 2025, and declared a cash dividend of $0.15 per share.
📋 Key Facts
- Fiscal quarter ended December 31, 2025, results were released on February 5, 2026.
- Declared a cash dividend of $0.15 per share on common stock.
- Dividend record date is February 18, 2026; payment date is March 4, 2026.
Hennessy Advisors, Inc. filed an 8-K to announce its financial results for the fiscal year ended September 30, 2025.
📋 Key Facts
- Report date: December 3, 2025.
- The filing pertains to the fiscal year ended September 30, 2025.
- Company issued a press release (Exhibit 99.1) containing financial results.
Hennessy Advisors, Inc. announced the declaration of a cash dividend of $0.1375 per share on its common stock.
📋 Key Facts
- Dividend Amount: $0.1375 per share.
- Record Date: November 12, 2025.
- Payment Date: November 26, 2025.
- Stock Exchange: Nasdaq (HNNA).
Hennessy Advisors, Inc. announced its quarterly financial results for the period ending June 30, 2025, and declared a cash dividend of $0.1375 per share.
📋 Key Facts
- Fiscal quarter ended June 30, 2025, results were released on August 6, 2025.
- Declared a cash dividend of $0.1375 per share on common stock.
- Dividend record date is August 20, 2025.
- Dividend payment date is September 4, 2025.
Hennessy Advisors, Inc. announced its quarterly financial results for the period ending March 31, 2025, and declared a cash dividend of $0.1375 per share.
📋 Key Facts
- Fiscal quarter ended March 31, 2025, results were released on May 7, 2025.
- Declared a cash dividend of $0.1375 per share on common stock.
- Dividend record date is May 20, 2025; payment date is June 4, 2025.
Hennessy Advisors, Inc. announced a definitive agreement regarding the management of two specific funds: the STF Tactical Growth ETF and the STF Tactical Growth & Income ETF.
📋 Key Facts
- Date of event: March 14, 2025
- Subject matter: Management agreement for STF Tactical Growth ETF and STF Tactical Growth & Income ETF
- The filing includes a press release as Exhibit 99.1 regarding the management arrangement.
Hennessy Advisors, Inc. held its Annual Meeting of Shareholders on February 13, 2025. The meeting resulted in the election of eight directors and the ratification of CBIZ CPAs P.C. as the independent registered public accounting firm for fiscal year 2025.
📋 Key Facts
- Annual Meeting held on February 13, 2025.
- Eight directors were elected to terms expiring in 2026: Neil J. Hennessy, Teresa M. Nilsen, Henry Hansel, Brian A. Hennessy, Lydia Knight-O’Riordan, Kiera Newton, Susan W. Pomilia, and Thomas L. Seavey.
- CBIZ CPAs P.C. was ratified as the independent registered public accounting firm for fiscal year 2025 with 5,819,711 votes in favor.
Hennessy Advisors, Inc. announced its quarterly financial results for the period ending December 31, 2024, and declared a cash dividend of $0.1375 per share.
📋 Key Facts
- Fiscal quarter ended December 31, 2024, results were released on February 13, 2025.
- Declared a cash dividend of $0.1375 per share on common stock.
- Dividend record date is February 24, 2025.
- Dividend payment date is March 6, 2025.
Hennessy Advisors, Inc. announced the resignation of Marcum LLP as its independent registered public accounting firm and the subsequent engagement of CBIZ CPAs P.C. for the fiscal year ending September 30, 2025.
🚩 Red Flags
- Auditor change (Marcum LLP resigning/declining reelection).
📋 Key Facts
- Marcum LLP declined to stand for reelection as the Company's independent auditor on December 10, 2024.
- The change is linked to CBIZ CPAs P.C. acquiring Marcum's attest business on November 1, 2024.
- CBIZ CPAs P.C. has been engaged as the new independent auditor for the fiscal year ending September 30, 2025.
- The Company stated there were no disagreements with Marcum regarding accounting principles, practices, or auditing scope/procedures.
- Prior audit reports for FY2024 and FY2023 contained no adverse opinions, disclaimers, or qualifications.
Hennessy Advisors, Inc. filed an 8-K to announce its financial results for the fiscal year ended September 30, 2024.
📋 Key Facts
- The filing is a standard announcement of annual financial results (Item 2.02).
- Reporting period: Fiscal year ended September 30, 2024.
- Filing date: December 11, 2024.
Hennessy Advisors, Inc. announced the declaration of a cash dividend of $0.1375 per share on its common stock.
📋 Key Facts
- Dividend amount: $0.1375 per share.
- Record date: November 14, 2024.
- Payment date: November 27, 2024.
Hennessy Advisors, Inc. announced several amendments to employment agreements for key executives effective October 1, 2024. The changes involve adjustments to base salaries and incentive-based bonus structures for the CEO, President, and CFO.
🚩 Red Flags
- Related-party transactions: The amendments involve compensation adjustments for the primary executives and insiders.
- Incentive realignment: The CEO's bonus percentage was reduced while the President's was increased, suggesting a shift in internal performance incentives or profit-sharing structure.
📋 Key Facts
- Neil J. Hennessy (CEO): Quarterly incentive-based bonus reduced from 6.5% to 5.0% of adjusted pre-tax profits effective Oct 1, 2024.
- Teresa M. Nilsen (President): Quarterly incentive-based bonus increased from 3.5% to 5.0% of adjusted pre-tax profit; annual base salary increase not specified but part of the amendment.
- Kathryn R. Fahy (CFO/SVP): Annual base salary adjusted to $275,000 effective Oct 1, 2024.
Hennessy Advisors, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended June 30, 2024 and declared a cash dividend of $0.1375 per share.
📋 Key Facts
- Fiscal quarter end date: June 30, 2024
- Declared cash dividend: $0.1375 per share on common stock
- Record date for dividend: August 22, 2024
- Payment date for dividend: September 5, 2024
- The filing includes the announcement of quarterly financial results via press release (Exhibit 99.1).
Hennessy Advisors, Inc. filed an 8-K reporting quarterly financial results for the period ended March 31, 2024, declaring a cash dividend of $0.1375 per share and adopting amended bylaws to comply with SEC universal proxy rules and California law.
📋 Key Facts
- Declared a cash dividend of $0.1375 per share on common stock.
- Dividend record date: May 22, 2024; Payment date: June 5, 2024.
- Adopted Sixth Amended and Restated Bylaws effective May 8, 2024.
- Bylaw amendments include updates to 'advance notice' provisions for director nominations per SEC Rule 14a-19 (universal proxy rules).
- Bylaw amendments include compliance with California Corporations Code regarding electronic board meetings.
Hennessy Advisors, Inc. completed the acquisition of assets related to the management of the CCM Core Impact Equity Fund on February 23, 2024. This transaction resulted in the reorganization of the fund into the Hennessy Stance ESG ETF.
📋 Key Facts
- Acquisition completed on February 23, 2024.
- Assets acquired relate to the management of the CCM Core Impact Equity Fund.
- The acquisition was executed pursuant to a Transaction Agreement dated April 26, 2023.
- Resulted in the reorganization of CCM Core Impact Equity Fund into the Hennessy Stance ESG ETF.
Hennessy Advisors, Inc. held its Annual Meeting of Shareholders on February 8, 2024. The meeting resulted in the election of eight directors and the approval of several key corporate matters.
📋 Key Facts
- Annual Meeting held on February 8, 2024.
- Eight directors were elected to terms expiring at the 2025 annual meeting: Neil J. Hennessy, Teresa M. Nilsen, Henry Hansel, Brian A. Hennessy, Lydia Knight-O’Riordan, Kiera Newton, Susan W. Pomilia, and Thomas L. Seavey.
- Shareholders approved the 2024 Omnibus Incentive Plan with 3,547,031 votes in favor.
- Shareholders ratified the selection of Marcum LLP as the independent registered public accounting firm for fiscal year 2024.
Hennessy Advisors, Inc. filed an 8-K to announce its fiscal quarter results for the period ended December 31, 2023, and declared a cash dividend of $0.1375 per share.
📋 Key Facts
- Fiscal quarter ended December 31, 2023, financial results were announced on February 8, 2024.
- A cash dividend of $0.1375 per share was declared for common stock.
- Dividend record date: February 20, 2024.
- Dividend payment date: March 4, 2024.