Hennessy Advisors, Inc. Declares Quarterly Dividend

On October 29, 2025, Hennessy Advisors, Inc. announced the declaration of a quarterly cash dividend of $0.1375 per share on its common stock. The dividend is payable on November 26, 2025, to shareholders of record as of November 12, 2025. This announcement was made through a press release, which is included as Exhibit 99.1 in the Form 8-K filing. The dividend represents an annualized dividend yield of 5.77%, based on the closing stock price of $9.53 on October 28, 2025. Hennessy Advisors, Inc. has a history of consistent dividend payments, with this being the 67th dividend since 2005. The company emphasizes the importance of the dividend in providing income to shareholders without the need to sell shares, thereby preserving their capital investment.