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

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, October 18th, Zacks reports. Shareholders 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 yield of 2.48%. The ex-dividend date is Monday, October 28th.

Value Line has increased its dividend 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 Trading Down 5.5 %

NASDAQ:VALU opened at $48.33 on Friday. Value Line has a 12 month low of $33.98 and a 12 month high of $58.45. The stock has a 50 day moving average of $45.02 and a two-hundred day moving average of $42.46. The firm has a market cap of $455.51 million, a P/E ratio of 24.91 and a beta of 0.85.

Value Line (NASDAQ:VALU) last posted its quarterly earnings results on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. The business 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%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research 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.