Value Line, Inc. (VALU) to Issue Quarterly Dividend of $0.30 on November 12th

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, October 18th, Zacks reports. Investors 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 of this dividend is Monday, October 28th.

Value Line has raised 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 Stock Performance

NASDAQ VALU opened at $48.33 on Friday. The firm has a market cap of $455.51 million, a PE ratio of 24.91 and a beta of 0.85. The firm’s fifty day moving average is $45.02 and its two-hundred day moving average is $42.46. Value Line has a one year low of $33.98 and a one year high of $58.45.

Value Line (NASDAQ:VALU) last announced its quarterly earnings results on Friday, September 13th. The financial services provider reported $0.62 EPS for the quarter. The company 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 raised shares of Value Line from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th.

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.