Value Line, Inc. (VALU) To Go Ex-Dividend on October 26th

Value Line, Inc. (NASDAQ:VALU) 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 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, October 26th.

Value Line has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 11 consecutive years.

Value Line Stock Up 1.7%

Value Line stock traded up $0.72 during mid-day trading on Friday, reaching $43.09. The company had a trading volume of 2,989 shares, compared to its average volume of 3,046. Value Line has a 52 week low of $32.00 and a 52 week high of $47.00. The firm has a market cap of $404.27 million, a price-to-earnings ratio of 20.42 and a beta of 1.01. The company has a 50 day moving average of $39.71 and a 200-day moving average of $37.16.

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

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.