Business Context and Reporting Period
Company: Hennessy Advisors, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 30, 2024
Reporting Period: Single event date (October 30, 2024)
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is a regulatory disclosure regarding a corporate action rather than a financial performance report.
Material Changes
The material change disclosed is the declaration of a cash dividend by the Board of Directors.
- Dividend Amount: $0.1375 per share on common stock.
- Record Date: November 14, 2024.
- Payment Date: November 27, 2024.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document strictly reports the dividend declaration under Regulation FD (Item 7.01).
Investor Verification Checklist
- Verify the ex-dividend date (typically the trading day prior to the record date) to determine eligibility for the $0.1375 payment.
- Confirm the total cash outflow impact on the company's liquidity by multiplying the dividend per share by the total number of outstanding shares (data not provided in this filing).
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend policy.