Value Line, Inc. Announces a Quarterly Cash Dividend of $0.15 Per Common Share

  Value Line, Inc. Announces a Quarterly Cash Dividend of $0.15 Per Common

Business Wire

NEW YORK -- January 16, 2014

Value Line, Inc., (NASDAQ:VALU) announced today that its Board of Directors
declared on January 16, 2014 a quarterly cash dividend of $0.15 per share of
common stock, payable on February 7, 2014, to stockholders of record on
January 28, 2014. The Company has 9,824,781 shares of common stock outstanding
as of January 16, 2014.

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, Options and Convertible securities.
Value Line’s acclaimed research also enables the Company to provide
specialized products such as Value Line Select, Value Line Special Situations,
Value Line Dividend Select, and copyright data, distributed under copyright
agreements for fees, including certain proprietary ranking system information
and other proprietary information used in third party products. Investment
Management services are provided through its substantial non-controlling and
non-voting interests in EULAV Asset Management, the investment adviser to The
Value Line Family of Mutual Funds. Value Line’s products are available to
individual investors by mail, at or through 1-800-VALUELINE,
1-800-535-9648 or 1-800-535-9651, while institutional-level services for
professional investors, advisers, corporate, academic, municipal and legal
libraries are offered at and at 1-800-531-1425.

Cautionary Statement Regarding Forward-Looking Information

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:

  *dependence on key personnel;
  *maintaining revenue from subscriptions for the Company’s digital and print
    published products;
  *protection of intellectual property rights;
  *changes in market and economic conditions, including global financial
  *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 assets under management due to broadly based changes
    in the values of equity and debt securities, redemptions by investors and
    other factors, and the effect these changes may have on the valuation of
    EAM’s intangible assets;
  *competition in the fields of publishing, copyright data and investment
  *the impact of government regulation on the Company’s and EAM’s businesses;
  *availability of free or low cost investment data through discount brokers
    or generally over the internet;
  *terrorist attacks, cyber security attacks and natural disasters;
  *other risks and uncertainties, including but not limited to the risks
    described in Item 1A, “Risk Factors” of the Company’s Annual Report on
    Form 10-K for the year ended April 30, 2013 and in Part II, Item 1A of the
    Quarterly Report on Form 10-Q for the period ended October 31, 2013; 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.


Value Line, Inc.
Howard A. Brecher, 212-907-1500
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