Value Line, Inc. (NASDAQ:VALU) Announces $0.33 Quarterly Dividend

Key Points

• Value Line, Inc. declared a quarterly dividend of $0.33 per share, to be paid on November 10th to shareholders of record on October 27th, representing an annualized yield of 3.3%.
• Shares of Value Line traded up 2.8% on Tuesday, reaching $39.28, with a market capitalization of $369.62 million.
• In the most recent quarter, Value Line reported $0.69 earnings per share and $8.61 million in revenue, showcasing a net margin of 61.09%.

Value Line, Inc. (NASDAQ:VALU - Get Free Report) declared a quarterly dividend on Tuesday, October 21st. Shareholders of record on Monday, October 27th will be given a dividend of 0.325 per share by the financial services provider on Monday, November 10th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Monday, October 27th.

Value Line Trading Up 2.8%

Shares of Value Line stock traded up $1.08 on Tuesday, reaching $39.28. 8,527 shares of the company were exchanged, compared to its average volume of 5,553. The company has a market capitalization of $369.62 million, a price-to-earnings ratio of 17.38 and a beta of 1.11. Value Line has a one year low of $32.94 and a one year high of $57.68. The company has a 50-day moving average of $38.37 and a 200 day moving average of $38.72.

Value Line (NASDAQ:VALU - Get Free Report) last issued its earnings results on Monday, September 15th. The financial services provider reported $0.69 earnings per share for the quarter. The business had revenue of $8.61 million for the quarter. Value Line had a net margin of 61.09% and a return on equity of 21.35%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Strs Ohio bought a new stake in shares of Value Line during the first quarter worth approximately $356,000. Oppenheimer & Co. Inc. lifted its holdings in Value Line by 284.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock worth $818,000 after purchasing an additional 15,650 shares during the last quarter. Finally, Cloud Capital Management LLC bought a new stake in Value Line in the 1st quarter valued at $127,000. 6.26% of the stock is owned by institutional investors.

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.

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