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

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, April 19th, Wall Street Journal reports. Investors 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 yield of 3.20%. The ex-dividend date is Friday, April 26th. This is a boost 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 Trading Up 0.1 %

NASDAQ:VALU traded up $0.05 during mid-day trading on Wednesday, hitting $37.50. The stock had a trading volume of 606 shares, compared to its average volume of 2,370. The stock has a market capitalization of $353.44 million, a price-to-earnings ratio of 19.33 and a beta of 0.76. The company has a 50 day simple moving average of $40.21 and a 200-day simple moving average of $42.28. Value Line has a 52 week low of $32.07 and a 52 week high of $62.09.

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

Wall Street Analyst Weigh In

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

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.