Holdings and Weights of The Value Line Dividend Index as of 12/27/2019 ABB ABB Ltd. ADR US 0.50% ADI Analog Devices US 0.50% ADM Archer Daniels Midl'd US 0.50% ADP Automatic Data Proc. US 0.50% AEE Ameren Corp. US 0.50% AEP Amer. Elec. Power US 0.50% AFL Aflac Inc. US 0.50% AGR AVANGRID Inc. US 0.50% AIZ Assurant Inc. US 0.50% AJG Gallagher (Arthur J.) US 0.50% ALE ALLETE US 0.50% ALL Allstate Corp. US 0.50% AMGN Amgen US 0.50% APD Air Products & Chem. US 0.50% ARGO Argo Group Int'l US 0.50% ATO Atmos Energy US 0.50% AVA Avista Corp. US 0.50% AVB AvalonBay Communities US 0.50% AVY Avery Dennison US 0.50% AXS AXIS Capital Hldgs. US 0.50% BA Boeing US 0.50% BCE BCE Inc. US 0.50% BEN Franklin Resources US 0.50% BK Bank of New York Mellon US 0.50% BKH Black Hills US 0.50% BLK BlackRock Inc. US 0.50% BMO Bank of Montreal US 0.50% BMY Bristol-Myers Squibb US 0.50% BNS Bank of Nova Scotia US 0.50% BOH Bank of Hawaii US 0.50% BUD AB InBev ADR US 0.50% CAJ Canon Inc. ADR US 0.50% CAKE Cheesecake Factory US 0.50% CAT Caterpillar Inc. US 0.50% CB Chubb Ltd. US 0.50% CBRL Cracker Barrel US 0.50% CFFN Capitol Fed. Fin'l US 0.50% CHRW C.H. Robinson US 0.50% CINF Cincinnati Financial US 0.50% CL Colgate-Palmolive US 0.50% CLX Clorox Co. US 0.50% CM Can. Imperial Bank US 0.50% CMCSA Comcast Corp. US 0.50% CMI Cummins Inc. US 0.50% CMS CMS Energy Corp. US 0.50% CNA CNA Fin'l US 0.50% CNI Can. National Railway US 0.50% CPB Campbell Soup US 0.50% CSCO Cisco Systems US 0.50% CVS CVS Health US 0.50% CVX Chevron Corp. US 0.50% D Dominion Energy US 0.50% DD DuPont de Nemours US 0.50% DEO Diageo plc US 0.50% DFS Discover Fin'l Svcs. US 0.50% DGX Quest Diagnostics US 0.50% DOW Dow Inc. US 0.50% DTE DTE Energy US 0.50% DUK Duke Energy US 0.50% ED Consol. Edison US 0.50% EE El Paso Electric US 0.50% EMR Emerson Electric US 0.50% EQH AXA Equitable Holdings US 0.50% EQR Equity Residential US 0.50% ERIE Erie Indemnity US 0.50% ES Eversource Energy US 0.50% ETN Eaton Corp. plc US 0.50% ETR Entergy Corp. US 0.50% EVRG Evergy Inc. US 0.50% EXC Exelon Corp. US 0.50% FAF First American Fin'l US 0.50% FAST Fastenal Co. US 0.50% FDX FedEx Corp. US 0.50% FE FirstEnergy Corp. US 0.50% FMS Fresenius Medical ADR US 0.50% FNF Fidelity Nat'l Fin'l US 0.50% FRT Federal Rlty. Inv. Trust US 0.50% FTS Fortis Inc. US 0.50% GD Gen'l Dynamics US 0.50% GIS Gen'l Mills US 0.50% GPC Genuine Parts US 0.50% GRMN Garmin Ltd. US 0.50% GS Goldman Sachs US 0.50% GSK GlaxoSmithKline ADR US 0.50% HD Home Depot US 0.50% HE Hawaiian Elec. US 0.50% HIG Hartford Fin'l Svcs. US 0.50% HON Honeywell Int'l US 0.50% HRL Hormel Foods US 0.50% HSY Hershey Co. US 0.50% HUBB Hubbell Inc. US 0.50% IBM Int'l Business Mach. US 0.50% IDA IDACORP Inc. US 0.50% IFF Int'l Flavors & Frag. US 0.50% INFY Infosys Ltd. ADR US 0.50% INTC Intel Corp. US 0.50% ITW Illinois Tool Works US 0.50% JNJ Johnson & Johnson US 0.50% JPM JPMorgan Chase US 0.50% K Kellogg US 0.50% KMB Kimberly-Clark US 0.50% KO Coca-Cola US 0.50% LLY Lilly (Eli) US 0.50% LMT Lockheed Martin US 0.50% LNT Alliant Energy US 0.50% LOW Lowe's Cos. US 0.50% MAA Mid-America Apartment US 0.50% MCD McDonald's Corp. US 0.50% MDLZ Mondelez Int'l US 0.50% MDT Medtronic plc US 0.50% MDU MDU Resources US 0.50% MGEE MGE Energy US 0.50% MMM 3M Company US 0.50% MO Altria Group US 0.50% MRK Merck & Co. US 0.50% MSM MSC Industrial Direct US 0.50% MTB M&T Bank Corp. US 0.50% NEE NextEra Energy US 0.50% NI NiSource Inc. US 0.50% NJR New Jersey Resources US 0.50% NSC Norfolk Southern US 0.50% NVO Novo Nordisk ADR US 0.50% NVS Novartis AG ADR US 0.50% NWBI Northwest Bancshares US 0.50% NWE NorthWestern Corp. US 0.50% NWN Northwest Natural US 0.50% O Realty Income Corp. US 0.50% OGE OGE Energy US 0.50% OGS ONE Gas Inc. US 0.50% OMC Omnicom Group US 0.50% ORCL Oracle Corp. US 0.50% OTTR Otter Tail Corp. US 0.50% PAYX Paychex Inc. US 0.50% PBCT People's United Fin'l US 0.50% PEG Public Serv. Enterprise US 0.50% PEP PepsiCo Inc. US 0.50% PFE Pfizer Inc. US 0.50% PG Procter & Gamble US 0.50% PLD Prologis US 0.50% PM Philip Morris Int'l US 0.50% PNC PNC Financial Serv. US 0.50% PNW Pinnacle West Capital US 0.50% POR Portland General US 0.50% PPL PPL Corp. US 0.50% PRK Park National US 0.50% PSA Public Storage US 0.50% PSX Phillips 66 US 0.50% RCI Rogers Communications US 0.50% RDS/B Royal Dutch Shell 'B' US 0.50% RE Everest Re Group Ltd. US 0.50% RHI Robert Half Int'l US 0.50% ROK Rockwell Automation US 0.50% RSG Republic Services US 0.50% RY Royal Bank of Canada US 0.50% SBUX Starbucks Corp. US 0.50% SJI South Jersey Inds. US 0.50% SJM Smucker (J.M.) US 0.50% SJR Shaw Commun. 'B' US 0.50% SLF Sun Life Fin'l Svcs. US 0.50% SNA Snap-on Inc. US 0.50% SNY Sanofi ADR US 0.50% SO Southern Co. US 0.50% SON Sonoco Products US 0.50% SPG Simon Property Group US 0.50% SR Spire Inc. US 0.50% SRE Sempra Energy US 0.50% SXT Sensient Techn. US 0.50% SYY Sysco Corp. US 0.50% T AT&T Inc. US 0.50% TD Toronto-Dominion US 0.50% TEL TE Connectivity US 0.50% TFC Truist Fin'l US 0.50% THG Hanover Insurance US 0.50% TM Toyota Motor ADR US 0.50% TOT Total S.A. ADR US 0.50% TRI Thomson Reuters US 0.50% TROW Price (T. Rowe) Group US 0.50% TRV Travelers Cos. US 0.50% TSM Taiwan Semic. ADR US 0.50% TU TELUS Corporation US 0.50% TXN Texas Instruments US 0.50% UGI UGI Corp. US 0.50% UL Unilever PLC ADR US 0.50% UNP Union Pacific US 0.50% UPS United Parcel Serv. US 0.50% USB U.S. Bancorp US 0.50% UTX United Technologies US 0.50% VZ Verizon Communic. US 0.50% WAFD Washington Federal US 0.50% WBA Walgreens Boots US 0.50% WEC WEC Energy Group US 0.50% WFC Wells Fargo US 0.50% WM Waste Management US 0.50% WMT Walmart Inc. US 0.50% WPC W.P. Carey Inc. US 0.50% WPP WPP PLC ADR US 0.50% WRE Washington R.E.I.T. US 0.50% WSO Watsco Inc. US 0.50% WTR Aqua America US 0.50% XEL Xcel Energy Inc. US 0.50% XOM Exxon Mobil Corp. US 0.50%