Value Line, Inc. (NASDAQ:VALU) Shareholders to Receive $0.35 Quarterly Dividend

Value Line, Inc. (NASDAQ:VALU) declared a quarterly dividend on Friday, October 16th. Stockholders of record on Monday, October 26th will be paid a dividend of $0.35 per share by the financial services provider on Tuesday, November 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, October 26th.

Value Line has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 11 years.

Value Line Stock Up 1.7%

Shares of NASDAQ VALU traded up $0.72 during trading hours on Friday, hitting $43.09. 2,989 shares of the stock were exchanged, compared to its average volume of 3,046. Value Line has a 12 month low of $32.00 and a 12 month high of $47.00. The firm has a fifty day moving average price of $39.71 and a 200-day moving average price of $37.16. The company has a market cap of $404.27 million, a PE ratio of 20.42 and a beta of 1.01.

Value Line (NASDAQ:VALU) last announced its earnings results on Monday, September 14th. The financial services provider reported $0.50 earnings per share for the quarter. Value Line had a net margin of 60.27% and a return on equity of 18.43%. The company had revenue of $8.05 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Value Line from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 26th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Value Line Company Profile

Value Line, Inc (NASDAQ:VALU) is an investment research and financial information company that provides independent analysis, data and commentary on publicly traded securities. Its services are designed to help individual and professional investors evaluate stocks, mutual funds, exchange-traded funds and other investments.

The company is best known for The Value Line Investment Survey, a research service that combines analyst opinions, earnings projections, valuation analysis and proprietary rankings.