Value Line, Inc. Declares Quarterly Dividend of $0.35 (NASDAQ:VALU)

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Tuesday, July 21st. Stockholders of record on Monday, July 27th will be paid a dividend of 0.35 per share by the financial services provider on Tuesday, August 11th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, July 27th.

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

Value Line Stock Down 2.1%

NASDAQ VALU traded down $0.81 on Tuesday, hitting $38.65. The company’s stock had a trading volume of 791 shares, compared to its average volume of 2,321. The firm has a market cap of $362.81 million, a PE ratio of 16.52 and a beta of 1.03. The company’s 50-day moving average is $35.67 and its 200 day moving average is $36.14. Value Line has a 1-year low of $32.00 and a 1-year high of $41.18.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Value Line in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

About Value Line

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.