Looking at the universe of stocks we cover at Dividend Channel, on 10/24/13, Value Line, Inc. (VALU) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 11/8/13. As a percentage of VALU's recent stock price of $9.00, this dividend works out to approximately 1.67%, so look for shares of Value Line, Inc. to trade 1.67% lower — all else being equal — when VALU shares open for trading on 10/24/13.
Below is a dividend history chart for VALU, showing historical dividends prior to the most recent $0.15 declared by Value Line, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VALU is likely to continue, and whether the current estimated yield of 6.67% on annualized basis is a reasonable expectation of annual yield going forward.
In Tuesday trading, Value Line, Inc. shares are currently trading flat on the day.