Hennessy Advisors, Inc. (HNNA) Dividends
Dividend Yield and Dividend History Highlights
HNNA Price Forecast Based on Dividend Discount Model
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For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for HNNA, the dividend discount model StockNews created for the company implies a positive return of 131.82%. To help understand and contextualize the model's evaluation of HNNA, investors may wish to consider are:
- In comparison to other stocks in the Financial Services sector, HNNA provides shareholders with a dividend yield greater than 92.31% such stocks.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of 131.82%, based on the stock's current share price and target price based on a dividend discount model, is greater than 93.69% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, HNNA has a discount rate lower than 93.69% of them (a lower discount rate is associated with lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for HNNA, approximately 96.2% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
HNNA Dividend Chart
HNNA Dividend History
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