Value Line, Inc. (VALU) To Go Ex-Dividend on April 27th

Value Line, Inc. (NASDAQ:VALU) declared a quarterly dividend on Friday, April 17th. Investors of record on Monday, April 27th will be given a dividend of 0.35 per share by the financial services provider on Tuesday, May 12th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, April 27th. This is a 7.7% increase from Value Line’s previous quarterly dividend of $0.33.

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

Value Line Trading Down 0.2%

NASDAQ VALU opened at $35.90 on Friday. The company has a market cap of $337.10 million, a PE ratio of 15.34 and a beta of 1.22. Value Line has a 12 month low of $33.51 and a 12 month high of $41.65. The stock has a 50 day moving average of $36.04 and a 200-day moving average of $37.09.

Value Line (NASDAQ:VALU) last released its quarterly earnings data on Monday, March 16th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. The company had revenue of $8.28 million during the quarter. Value Line had a return on equity of 21.16% and a net margin of 65.05%.

Hedge Funds Weigh In On Value Line

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Teton Advisors LLC bought a new position in shares of Value Line during the third quarter valued at $1,171,000. Millennium Management LLC bought a new position in Value Line during the 3rd quarter worth $334,000. Oppenheimer & Co. Inc. lifted its holdings in Value Line by 23.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after buying an additional 4,250 shares during the period. Neuberger Berman Group LLC grew its position in shares of Value Line by 3.5% in the 3rd 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. Finally, Cloud Capital Management LLC acquired a new stake in shares of Value Line in the third quarter valued at about $128,000. Institutional investors and hedge funds own 6.26% of the company’s stock.

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.