By Stephen Nakrosis
Value Line on Monday said its board has increased the company's quarterly cash dividend, to 32.5 cents per share from 30 cents, or $1.30 on an annual basis.
The new dividend will be payable on May 12, to shareholders of record on April 28, the company said, adding the 8.3% increase is the 11th consecutive yearly dividend increase.
Based on Monday's closing share price of $39.93, the new dividend represents a yield of about 3.3%.
In April of last year, the provider of investment research raised its quarterly dividend from 28 cents per share to 30 cents.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 21, 2025 16:57 ET (20:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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