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

Value Line, Inc. (NASDAQ:VALU - Get Free Report) declared a quarterly dividend on Friday, October 18th, Zacks reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Monday, October 28th.

Value Line has increased its dividend by an average of 9.5% per year over the last three years and has raised its dividend every year for the last 10 years.

Value Line Stock Down 5.5 %

VALU stock traded down $2.79 during trading on Friday, reaching $48.33. The company's stock had a trading volume of 10,358 shares, compared to its average volume of 5,577. The company's fifty day moving average is $45.02 and its 200-day moving average is $42.49. The company has a market capitalization of $455.51 million, a P/E ratio of 24.91 and a beta of 0.85. Value Line has a 1 year low of $33.98 and a 1 year high of $58.45.

Value Line (NASDAQ:VALU - Get Free Report) last released its earnings results on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. The firm 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 Ratings Changes

Separately, StockNews.com upgraded 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.