Value Line (VALU) Declares $0.28 Dividend

Value Line said on April 21, 2023 that its board of directors declared a regular quarterly dividend of $0.28 per share ($1.12 annualized). Previously, the company paid $0.25 per share.

Shares must be purchased before the ex-div date of April 28, 2023 to qualify for the dividend. Shareholders of record as of May 1, 2023 will receive the payment on May 11, 2023.

At the current share price of $46.80 / share, the stock's dividend yield is 2.39%. Looking back five years and taking a sample every week, the average dividend yield has been 2.68%, the lowest has been 1.01%, and the highest has been 3.89%. The standard deviation of yields is 0.70 (n=233).

The current dividend yield is 0.41 standard deviations below the historical average.

Additionally, the company's dividend payout ratio is 0.53. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company's 3-Year dividend growth rate is 0.19%, demonstrating that it has increased its dividend over time.

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What is the Fund Sentiment?

There are 129 funds or institutions reporting positions in Value Line. This is a decrease of 3 owner(s) or 2.27% in the last quarter. Average portfolio weight of all funds dedicated to VALU is 0.02%, a decrease of 39.84%. Total shares owned by institutions decreased in the last three months by 4.18% to 787K shares.

What are Other Shareholders Doing?

Neuberger Berman Group holds 142K shares representing 1.51% ownership of the company. In it's prior filing, the firm reported owning 142K shares, representing an increase of 0.03%. The firm decreased its portfolio allocation in VALU by 99.94% over the last quarter.

DFSCX - U.s. Micro Cap Portfolio - Institutional Class holds 61K shares representing 0.64% ownership of the company. No change in the last quarter.

Gabelli Funds holds 46K shares representing 0.49% ownership of the company. No change in the last quarter.

Wells Fargo holds 40K shares representing 0.42% ownership of the company. No change in the last quarter.

GCASX - The Gabelli Small Cap Growth Fund holds 34K shares representing 0.36% ownership of the company. No change in the last quarter.

Value Line Background Information
(This description is provided by the company.)

Value Line, Inc. is an independentinvestment researchand financial publishing firm based in New York City, New York, United States, founded in 1931 by Arnold Bernhard.

This story originally appeared on Fintel.