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

Value Line, Inc. (NASDAQ:VALU - Get Free Report) declared a quarterly dividend on Thursday, April 17th, RTT News reports. Stockholders of record on Monday, April 28th will be paid a dividend of 0.325 per share by the financial services provider on Monday, May 12th. This represents a $1.30 annualized dividend and a dividend yield of 3.32%. The ex-dividend date is Monday, April 28th. This is a 8.3% increase from Value Line's previous quarterly dividend of $0.30.

Value Line has raised its dividend by an average of 10.9% per year over the last three years and has raised its dividend every year for the last 11 years.

Value Line Stock Performance

Value Line stock traded down $0.51 during mid-day trading on Friday, hitting $39.12. 11,971 shares of the company traded hands, compared to its average volume of 8,112. Value Line has a one year low of $32.94 and a one year high of $57.68. The stock has a market cap of $368.28 million, a price-to-earnings ratio of 16.65 and a beta of 0.95. The stock has a fifty day moving average price of $39.43 and a 200-day moving average price of $45.31.

Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $8.97 million during the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. During the same period in the prior year, the firm posted $1.51 earnings per share.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

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.