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Transcript
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 23, 2004 (April 23, 2004)
Date of Report (Date of earliest event reported)
VALUE LINE, INC.
(Exact name of registrant as specified in its charter)
New York
0-11306
13-3139843
-------------------------------------------------------------------------------(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
220 East 42nd Street, New York, New York
10017-5891
-------------------------------------------------------------------------------(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code
(212) 907-1500
--------------
INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events and Regulation FD Disclosure.
Registrant's press release dated April 23, 2004, reporting the declaration of a special dividend on the Registrant's common stock, is filed
herewith as Exhibit 99 and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99. Press release of Registrant dated April 23, 2004.
 2004.
EDGAR Online, Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to
be signed on its behalf by the undersigned thereunto duly authorized.
VALUE LINE INC.
(Registrant)
By
Date:
/s/ Jean Bernhard Buttner
-------------------------------Jean Bernhard Buttner
Chairman & Chief Executive
Officer
April 23, 2004
 2004.
EDGAR Online, Inc.
Exhibit 99
Value Line, Inc.
For Immediate Release Company Contact: Jean B. Buttner, CEO April 23, 2004 (212) 907-1500
Value Line, Inc. (VALU) Announces Special Dividend of $17.50 per Share Payable to Shareholders of Record May 7 Business Wire April 23, 2004
New York, NASDAQ - Value Line, Inc. (VALU) announced its Board had declared today a special dividend in the amount of $17.50 per
share on its common stock. The dividend is to be paid on May 19, 2004, to shareholders of record May 7, 2004.
Jean Bernhard Buttner, Value Line's Chairman and Chief Executive Officer said, "We are pleased to declare a special dividend in the
amount of $17.50 per share to all shareholders of record May 7, 2004. The dividend in the total sum of $174,678,000 is payable on May
19. The Company is making this special distribution from its Retained Earnings. Value Line is exceptionally strong financially, with
$208,464,000 of Shareholders' Equity as of our last reporting date, January 31, 2004.
"The purpose of the dividend is to return to all shareholders, in the form of cash, a significant portion of the earnings of the Company
from our successful operations over the past number of years, at a time when shareholders can enjoy the present favorable tax rates on
dividends. Value Line believes many companies should consider similar pro-active steps to help maximize shareholder returns."
Value Line is a leading New York based investment publishing and investment management company. The Value Line Investment
Survey is the nation's largest independent investment service. The Company also produces and publishes other investment advice in both
print and electronic formats. Value Line provides investment management services to the Value Line family of fourteen no-load mutual
funds and to institutional and individual portfolios through its asset management division.
 2004.
EDGAR Online, Inc.
End of Filing
 2004.
EDGAR Online, Inc.