Value Line Demonstrates Strong Performance and Increased Profits, Maximizing Returns for Shareholders
At the end of today, February 09, 2024, Value Line (NASDAQ:VALU) will distribute a dividend payout of $0.28 per share, translating to an annualized dividend yield of 2.67%. Shareholders who held the stock before the ex-dividend date on January 26, 2024 will benefit from this payout.
Value Line Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-26 | 4 | $0.28 | 2.67% | 2024-01-19 | 2024-01-29 | 2024-02-09 |
| 2023-10-27 | 4 | $0.28 | 3.23% | 2023-10-20 | 2023-10-30 | 2023-11-09 |
| 2023-07-28 | 4 | $0.28 | 2.13% | 2023-07-21 | 2023-07-31 | 2023-08-10 |
| 2023-04-28 | 4 | $0.28 | 2.36% | 2023-04-21 | 2023-05-01 | 2023-05-11 |
| 2023-01-27 | 4 | $0.25 | 1.94% | 2023-01-20 | 2023-01-30 | 2023-02-10 |
| 2022-10-28 | 4 | $0.25 | 1.71% | 2022-10-21 | 2022-10-31 | 2022-11-10 |
| 2022-07-29 | 4 | $0.25 | 1.19% | 2022-07-22 | 2022-08-01 | 2022-08-11 |
| 2022-04-29 | 4 | $0.25 | 1.31% | 2022-04-22 | 2022-05-02 | 2022-05-11 |
| 2022-01-28 | 4 | $0.22 | 1.57% | 2022-01-21 | 2022-01-31 | 2022-02-11 |
| 2021-10-29 | 4 | $0.22 | 2.82% | 2021-10-22 | 2021-11-01 | 2021-11-10 |
| 2021-07-23 | 4 | $0.22 | 2.74% | 2021-07-16 | 2021-07-26 | 2021-08-11 |
| 2021-04-23 | 4 | $0.22 | 2.92% | 2021-04-16 | 2021-04-26 | 2021-05-11 |
Value Line's dividend yield falls in the middle range when compared to its industry peers, with CME Gr (NASDAQ:CME) having the highest annualized dividend yield at 4.22%.
Analyzing Value Line Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.83 to $1.09, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Value Line
Investors can observe a growth in earnings for Value Line from 2020 to 2023, as earnings per share increased from $1.86 to $1.87. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we delve into Value Line's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.28 per share today, resulting in an annualized dividend yield of 2.67%.
Value Line's dividend yield falls in the middle range when compared to its industry peers, with CME Gr having the highest annualized dividend yield at 4.22%.
With an increase in dividend per share and earnings per share from 2020 to 2023, Value Line demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.