Value Line, Inc. to Issue Quarterly Dividend of $0.30 (NASDAQ:VALU)

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, July 19th, Wall Street Journal reports. Stockholders of record on Monday, July 29th will be given a dividend of 0.30 per share by the financial services provider on Monday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Monday, July 29th.

Value Line has increased its dividend payment by an average of 9.5% annually over the last three years and has raised its dividend every year for the last 10 years.

Value Line Price Performance

NASDAQ:VALU opened at $49.71 on Friday. The firm has a market cap of $468.52 million, a price-to-earnings ratio of 25.62 and a beta of 0.84. The firm’s fifty day moving average price is $42.33 and its 200 day moving average price is $41.34. Value Line has a 1-year low of $32.07 and a 1-year high of $62.09.

Value Line (NASDAQ:VALU) last released its earnings results on Friday, July 26th. The financial services provider reported $0.51 EPS for the quarter. Value Line had a net margin of 47.81% and a return on equity of 21.23%. The company had revenue of $9.00 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Value Line in a report on Monday, July 22nd. They issued a “hold” rating on the stock.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.