Value Line, Inc. (VALU) To Go Ex-Dividend on April 26th

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 given 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 is Friday, April 26th. This is an increase from Value Line’s previous quarterly dividend of $0.28.

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

Value Line Price Performance

Value Line stock opened at $37.45 on Wednesday. The stock has a market capitalization of $353.15 million, a PE ratio of 19.30 and a beta of 0.76. The business has a 50 day simple moving average of $40.21 and a 200-day simple moving average of $42.28. Value Line has a 12 month low of $32.07 and a 12 month high of $62.09.

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

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Value Line in a research note on Wednesday, April 17th. They issued 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.