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. Regarding Hennessy Advisors Inc, the DDM model, as implemented by StockNews, implies a positive return of 131.58% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Hennessy Advisors Inc are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Hennessy Advisors Inc's expected return of 131.58% is higher than 90.62% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, Hennessy Advisors Inc bears a discount rate, according to our calculations, lower than 90.62% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Hennessy Advisors Inc, its beta is lower than 95.78% of dividend issuing stocks we observed.
- As other dividend issuers in the Financial Services sector, HNNA's equity discount rate is less than 88.42% of those stocks.
HNNA Dividend Chart
HNNA Dividend History
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