UPDATE: Value Line (VALU) Raises Quarterly Dividend 5.9% to $0.18; 4.3% Yield

April 21, 2017 3:50 PM EDT

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(Updated - April 21, 2017 3:52 PM EDT)

Value Line (NASDAQ: VALU) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 5.9% increase from the prior dividend of $0.17.

The dividend will be payable on May 11, 2017, to stockholders of record on May 2, 2017, with an ex-dividend date of April 28, 2017.

The annual yield on the dividend is 4.3 percent.

The Board of Directors also reaffirmed the Stock Repurchase Program of up to an aggregate of $3 million of Value Line, Inc.’s common stock adopted on September 19, 2012, with $617,000 remaining under the program.

For a dividend history and other dividend-related data on Value Line (VALU) click here.

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