Value Line (VALU) Raises Quarterly Dividend 5% to $0.21; Renews Stock Repurchase Program
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Value Line, Inc. Announces 5% Dividend Increase and Renews Stock Repurchase Program
April 17, 2020 4:32 PM EDTNEW YORK, April 17, 2020 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) announced today that its Board of Directors declared a 5% dividend increase over the current quarterly dividend level, its sixth consecutive annual increase. The Boards action on April 17, 2020 declared a quarterly cash dividend of $0.21 per common share, or $0.84 annualized, payable on May 11, 2020, to stockholders of record on April 27, 2020.Â
The Board of Directors also on April 17, 2020 approved a renewal of the share repurchase program, effective immediately, allowing the repurchase of shares from time to time, up to an aggregate amount of... More
