Value Line, Inc. (NASDAQ:VALU) Shareholders Set 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 given a dividend of $0.35 per share by the financial services provider on Tuesday, November 10th. This represents a $1.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, October 26th.

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

Value Line Price Performance

Shares of VALU stock traded up $0.72 on Friday, hitting $43.09. The stock had a trading volume of 2,989 shares, compared to its average volume of 3,046. The firm has a market capitalization of $404.27 million, a P/E ratio of 20.42 and a beta of 1.01. Value Line has a 1 year low of $32.00 and a 1 year high of $47.00. The company’s 50 day moving average price is $39.71 and its 200-day moving average price is $37.16.

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

About Value Line

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.