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

Value Line, Inc. (NASDAQ:VALU) declared a quarterly dividend on Friday, January 17th,RTT News reports. Investors of record on Monday, January 27th will be paid a dividend of 0.30 per share by the financial services provider on Monday, February 10th. This represents a $1.20 dividend on an annualized basis and a yield of 2.61%.

Value Line has increased its dividend by an average of 10.7% annually over the last three years.

Value Line Stock Performance

Shares of VALU traded down $0.64 during mid-day trading on Friday, reaching $45.90. The stock had a trading volume of 8,739 shares, compared to its average volume of 6,340. The firm has a market cap of $432.38 million, a price-to-earnings ratio of 19.53 and a beta of 0.80. Value Line has a 12 month low of $36.00 and a 12 month high of $57.68. The business has a fifty day moving average of $52.01 and a 200 day moving average of $47.69.

Value Line (NASDAQ:VALU) last issued its quarterly earnings results on Friday, December 13th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research note on Monday, December 16th.

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.