Value Line (VALU) will raise its quarterly dividend by 5.3 percent to $0.20 per share in the second quarter of 2019. This follows a 5.6 percent dividend hike by the investment research company last year.

The increased dividend is payable to stockholders in May 2019 and yields 3.4% based on the new annual dividend amount of 80 cents per share. Value Line has now raised its dividend for 5 consecutive years.

Value Line, Inc. is a New York based provider of investment research. Value Line, Inc. The company publishes investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties for use in third-party managed and marketed investment products and for other purposes.