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

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, January 16th. Stockholders of record on Monday, January 26th will be given a dividend of 0.325 per share by the financial services provider on Tuesday, February 10th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, January 26th.

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

Value Line Stock Performance

Shares of NASDAQ VALU traded up $0.90 during mid-day trading on Friday, hitting $38.24. The stock had a trading volume of 5,274 shares, compared to its average volume of 2,652. The business has a 50 day moving average price of $37.58 and a two-hundred day moving average price of $37.98. Value Line has a 1 year low of $32.94 and a 1 year high of $44.68. The firm has a market cap of $359.07 million, a P/E ratio of 16.92 and a beta of 1.21.

Value Line (NASDAQ:VALU) last announced its quarterly earnings results on Monday, December 15th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%. The business had revenue of $8.56 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VALU. Cloud Capital Management LLC bought a new position in shares of Value Line during the third quarter valued at approximately $128,000. Millennium Management LLC purchased a new stake in shares of Value Line in the 3rd quarter worth approximately $334,000. Capital Investment Counsel Inc increased its position in Value Line by 5.4% during the 4th quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock valued at $376,000 after buying an additional 500 shares in the last quarter. Teton Advisors LLC bought a new position in Value Line during the 3rd quarter valued at approximately $1,171,000. Finally, Neuberger Berman Group LLC raised its stake in Value Line by 3.5% during the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after buying an additional 3,923 shares during the last quarter. 6.26% of the stock is currently owned by institutional investors.

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.