Value Line (VALU) Raises Quarterly Dividend 12% to $0.28; 2.4% Yield
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VALUE LINE, INC. ANNOUNCES A 12% INCREASE IN ITS QUARTERLY CASH DIVIDEND TO $0.28 PER COMMON SHARE; 9TH CONSECUTIVE INCREASE
April 21, 2023 1:31 PM EDTNew York, April 21, 2023 (GLOBE NEWSWIRE) -- Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors declared on April 21, 2023 a quarterly cash dividend of $0.28 per common share, payable on May 11, 2023, to stockholders of record on May 1, 2023. The 2023 increase of twelve cents per year when annualized represents the ninth consecutive year of increases for the 92-year-old investment research icon, and, like last years increase, is three times the size of the previous annual increases. Based on a full year at the new rate, the new dividend level will reach $1.12 per share. The Company has... More
