Value Line, Inc. (NASDAQ:VALU) Raises Dividend to $0.30 Per Share

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, April 19th, Wall Street Journal reports. Stockholders of record on Monday, April 29th will be paid a dividend of 0.30 per share by the financial services provider on Friday, May 10th. This represents a $1.20 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Friday, April 26th. This is an increase from Value Line’s previous quarterly dividend of $0.28.

Value Line has decreased its dividend by an average of 66.4% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Value Line Price Performance

NASDAQ VALU opened at $37.45 on Wednesday. The firm’s fifty day moving average price is $40.21 and its 200 day moving average price is $42.28. Value Line has a 12 month low of $32.07 and a 12 month high of $62.09. The company has a market capitalization of $353.15 million, a price-to-earnings ratio of 19.30 and a beta of 0.76.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. Value Line had a return on equity of 21.23% and a net margin of 47.81%. The company had revenue of $9.13 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Value Line in a research report on Wednesday, April 17th. They set a “hold” rating on the stock.

Value Line Company Profile

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.