UPDATE: Value Line (VALU) Raises Quarterly Dividend 5.9% to $0.18; 4.3% Yield
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Value Line, Inc. Announces a 5.88% Increase in Its Quarterly Cash Dividend to $0.18 Per Common Share and Reaffirms Share Buyback Program
April 21, 2017 3:49 PM EDTNEW YORK, April 21, 2017 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) announced that its Board of Directors declared on April 21, 2017 a quarterly cash dividend of $0.18 per common share, payable on May 11, 2017, to stockholders of record on May 2, 2017. The Company has 9,712,145 shares of common stock outstanding as of April 21, 2017.
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.
Value Line, Inc.... More
