A drip resistant dispensing valve for fluids is disclosed, which provides a dispensing outlet configured to minimize the tendency for residual fluid to collect in and drip from the dispensing outlet while maintaining a simple construction for ease of manufacture. The dispensing outlet face is situated a distance away from the valve body, which tends to prevent, or at least minimize the risk of, contact between potentially contaminating external surfaces with the surfaces of the discharge outlet. Such construction assists in minimizing the retention of fluid on the surfaces of the dispensing outlet, and migration of the fluid to surfaces outside of the dispensing outlet that could tend to promote growth of biological contaminates and/or provide additional surfaces that could pool fluid following a dispensing operation and thereafter drip from the valve. A shell is provided around the dispensing outlet to assist in avoiding contamination of the valve and of the fluid being dispensed through the valve, and to aid in positioning a receptacle for receiving fluid from the dispensing valve.