Value Line (VALU) Raises Quarterly Dividend 4.8% to $0.22; 2.8% Yield
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VALUE LINE, INC. ANNOUNCES 4.8% HIGHER DIVIDEND –– ITS SEVENTH CONSECUTIVE ANNUAL INCREASE
April 16, 2021 2:56 PM EDTNEW YORK, April 16, 2021 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) announced today that its Board of Directors declared a 4.8% dividend increase over the current quarterly dividend level, its seventh consecutive annual increase. The Boards action on April 16, 2021 declared a quarterly cash dividend of $0.22 per common share, or $0.88 annualized, payable on May 11, 2021, to stockholders of record on April 26, 2021.Â
The current yield of the Companys common stock is 2.92% based on an annualized dividend rate of $0.88 per share and the April 15th closing price of $30.11. Â
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