Value Line, Inc. Declares a Quarterly Cash Dividend of $0.30 Per Common Share
19 Juli 2024 - 9:18PM
Value Line, Inc. (NASDAQ:
VALU) announced
today that its Board of Directors declared on July 19, 2024 a
quarterly cash dividend of $0.30 per common share, payable on
August 12, 2024, to stockholders of record on July 29, 2024. The
Company has 9,418,074 shares of common stock outstanding as of July
19, 2024.
Value Line, Inc. is a leading New York based
provider of investment research. The Value Line Investment
Survey is one of the most widely used sources of
independent equity investment research. Value Line also publishes a
range of proprietary investment research in both print and digital
formats including research in the areas of Mutual Funds, ETFs and
Options. Value Line’s acclaimed research also enables the Company
to provide specialized products such as Value Line Select,
The Value Line Special Situations Service, Value Line Select ETFs,
Value Line Select: Dividend Income & Growth, The New Value Line
ETFs Service, The Value Line M&A Service, Information You
Should Know Wealth Newsletter, The Value Line
Climate Change Investing Service and certain Value
Line copyrights, distributed under agreements including
certain proprietary ranking system information and other
proprietary information used in third party products. Value Line’s
products are available to individual investors by mail, at
www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354,
while institutional-level services for professional investors,
advisers, corporate, academic, and municipal libraries are offered
at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling
1-800-531-1425.
Cautionary Statement Regarding
Forward-Looking Information
In this report, “Value Line,” “we,” “us,” “our”
refers to Value Line, Inc. and “the Company” refers to Value Line
and its subsidiaries unless the context otherwise requires.
This report contains statements that are
predictive in nature, depend upon or refer to future events or
conditions (including certain projections and business trends)
accompanied by such phrases as “believe”, “estimate”, “expect”,
“anticipate”, “will”, “intend” and other similar or negative
expressions, that are “forward-looking statements” as defined in
the Private Securities Litigation Reform Act of 1995, as amended.
Actual results for Value Line, Inc. (“Value Line” or “the Company”)
may differ materially from those projected as a result of certain
risks and uncertainties, including but not limited to the
following:
- maintaining revenue from subscriptions for the Company’s
digital and print published products;
- changes in investment trends and economic conditions, including
global financial issues;
- changes in Federal Reserve policies affecting interest rates
and liquidity along with resulting effects on equity markets;
- stability of the banking system, including the success of U.S.
government policies and actions in regard to banks with liquidity
or capital issues, along with the associated impact on equity
markets;
- continuation of orderly markets for equities and corporate and
governmental debt securities;
- problems protecting intellectual property rights in Company
methods and trademarks;
- protecting confidential information including customer
confidential or personal information that we may possess;
- dependence on non-voting revenues and non-voting profits
interests in EULAV Asset Management, a Delaware statutory trust
(“EAM” or “EAM Trust”), which serves as the investment advisor to
the Value Line Funds and engages in related distribution, marketing
and administrative services;
- fluctuations in EAM’s and third party copyright assets under
management due to broadly based changes in the values of equity and
debt securities, sectoral variations, redemptions by investors and
other factors;
- possible changes in the valuation of EAM’s intangible assets
from time to time;
- possible changes in future revenues or collection of
receivables from significant customers;
- dependence on key executive and specialist personnel;
- risks associated with the outsourcing of certain functions,
technical facilities, and operations, including in some instances
outside the U.S.;
- competition in the fields of publishing, copyright and
investment management, along with associated effects on the level
and structure of prices and fees, and the mix of services
delivered;
- the impact of government regulation on the Company’s and EAM’s
businesses;
- the availability of free or low cost investment information
through discount brokers or generally over the internet;
- the economic and other impacts of global political and military
conflicts;
- continued availability of generally dependable energy supplies
and transportation facilities in the geographic areas in which the
company and certain suppliers operate;
- terrorist attacks, cyber attacks and natural disasters;
- insufficiency in our business continuity plans or systems in
the event of anticipated or unpredictable disruption;
- the coronavirus pandemic, which has drastically affected
markets, employment, and other economic conditions, and may have
additional unpredictable impacts on employees, suppliers,
customers, and operations;
- other possible epidemics;
- changes in prices and availability of materials and other
inputs and services, such as freight and postage, required by the
Company;
- other risks and uncertainties, including but not limited to the
risks described in Part I, Item 1A, “Risk Factors” of the Company’s
Annual Report on Form 10-K for the year ended April 30, 2023 and in
Part II, Item 1A of the Quarterly Report on Form 10-Q for the
period ended January 31, 2024; and other risks and uncertainties
arising from time to time.
These factors are not necessarily all of the
important factors that could cause actual results to differ
materially from those expressed in any of our forward-looking
statements. Other unknown or unpredictable factors which may
involve external factors over which we may have no control or
changes in our plans, strategies, objectives, expectations or
intentions, which may happen at any time at our discretion, could
also have material adverse effects on future results. Except as
otherwise required to be disclosed in periodic reports required to
be filed by public companies with the SEC pursuant to the SEC's
rules, we have no duty to update these statements, and we undertake
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. In light of these risks and uncertainties, current
plans, anticipated actions, and future financial conditions and
results may differ from those expressed in any forward-looking
information contained herein.
www.valueline.com www.ValueLinePro.com,
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Contact: Howard A. Brecher
Value Line, Inc.
212-907-1500
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