Value Line, Inc. (NASDAQ:VALU) Shareholders to Collect $0.35 Quarterly Dividend

Key Points

• Value Line declared a quarterly dividend of $0.35 per share, payable November 10 to shareholders of record on October 26. The annualized dividend is $1.40 per share, representing a 3.2% yield.
• The company has raised its dividend for 11 consecutive years, though its average annual increase over the past three years was just 0.1%.
• Value Line reported quarterly earnings of $0.50 per share on revenue of $8.05 million, with a 60.27% net margin and 18.43% return on equity.

Value Line, Inc. (NASDAQ:VALU - Get Free Report) announced 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 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, October 26th.

Value Line has increased 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 Stock Performance

Shares of NASDAQ VALU traded up $0.72 during midday trading on Friday, hitting $43.09. 2,989 shares of the stock traded hands, 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 one year low of $32.00 and a one year high of $47.00. The firm has a 50-day moving average of $39.71 and a two-hundred day moving average of $37.16.

Value Line (NASDAQ:VALU - Get Free Report) last issued its quarterly earnings results on Monday, September 14th. The financial services provider reported $0.50 earnings per share for the quarter. The business had revenue of $8.05 million for the quarter. Value Line had a net margin of 60.27% and a return on equity of 18.43%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.