Value Line, Inc. Declares Quarterly Dividend of $0.30 (NASDAQ:VALU)

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Monday, July 22nd, Wall Street Journal reports. Stockholders of record on Monday, July 29th will be paid a dividend of 0.30 per share by the financial services provider on Monday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Monday, July 29th.

Value Line has increased its dividend payment by an average of 9.5% annually over the last three years and has increased its dividend annually for the last 10 consecutive years.

Value Line Stock Up 3.4 %

Shares of Value Line stock traded up $1.50 during trading on Monday, hitting $45.50. 13,381 shares of the company were exchanged, compared to its average volume of 3,924. Value Line has a fifty-two week low of $32.07 and a fifty-two week high of $62.09. The stock has a market capitalization of $429.07 million, a price-to-earnings ratio of 22.68 and a beta of 0.84. The firm has a 50 day moving average price of $41.42 and a 200 day moving average price of $41.26.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Value Line in a research report on Monday. They set a “hold” rating for the company.

Value Line Company Profile

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.