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

Value Line, Inc. (NASDAQ:VALU) announced a quarterly dividend on Friday, January 16th. Investors 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 yield of 3.4%. The ex-dividend date of this dividend is Monday, January 26th.

Value Line has raised its dividend payment 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 Stock Performance

NASDAQ VALU opened at $38.24 on Friday. Value Line has a one year low of $32.94 and a one year high of $44.68. The company has a market capitalization of $359.07 million, a price-to-earnings ratio of 16.92 and a beta of 1.21. The company’s 50-day simple moving average is $37.58 and its two-hundred day simple moving average is $37.98.

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. The firm had revenue of $8.56 million during the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VALU. Cloud Capital Management LLC purchased a new position in shares of Value Line in the third quarter worth $128,000. Millennium Management LLC purchased a new position in Value Line in the 3rd quarter worth $334,000. Capital Investment Counsel Inc lifted 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 worth $376,000 after acquiring an additional 500 shares during the period. Teton Advisors LLC acquired a new stake in Value Line during the 3rd quarter worth about $1,171,000. Finally, Neuberger Berman Group LLC grew its stake in Value Line by 3.5% during 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 purchasing an additional 3,923 shares during the last quarter. 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.