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

Value Line, Inc. (NASDAQ:VALU) declared a quarterly dividend on Friday, October 18th, Zacks reports. Stockholders of record on Monday, October 28th will be given a dividend of 0.30 per share by the financial services provider on Tuesday, November 12th. This represents a $1.20 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Monday, October 28th.

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

Value Line Price Performance

Shares of VALU stock opened at $48.33 on Friday. The business has a 50-day moving average of $45.02 and a 200 day moving average of $42.46. Value Line has a 1-year low of $33.98 and a 1-year high of $58.45. The stock has a market capitalization of $455.51 million, a PE ratio of 24.91 and a beta of 0.85.

Value Line (NASDAQ:VALU) last announced its quarterly earnings data on Friday, September 13th. The financial services provider reported $0.62 earnings per share for the quarter. The firm had revenue of $8.88 million during the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th.

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.