H&R Block, Inc. (HRB) To Go Ex-Dividend on September 3rd

H&R Block, Inc. (NYSE:HRB) announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Thursday, September 3rd will be given a dividend of 0.46 per share on Tuesday, October 6th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, September 3rd. This is a 9.5% increase from H&R Block’s previous quarterly dividend of $0.42.

H&R Block has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 9 consecutive years. H&R Block has a dividend payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect H&R Block to earn $6.49 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 28.4%.

H&R Block Stock Performance

HRB opened at $51.65 on Tuesday. H&R Block has a 1-year low of $28.16 and a 1-year high of $58.67. The stock has a market cap of $6.55 billion, a P/E ratio of 9.03, a P/E/G ratio of 0.68 and a beta of 0.34. The stock’s 50 day simple moving average is $44.58 and its 200 day simple moving average is $37.25. The company has a debt-to-equity ratio of 12.69, a current ratio of 1.13 and a quick ratio of 1.13.

H&R Block (NYSE:HRB) last posted its earnings results on Tuesday, August 11th. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. H&R Block had a negative return on equity of 214.84% and a net margin of 18.59%.H&R Block’s quarterly revenue was up 255.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.27 earnings per share. H&R Block has set its FY 2027 guidance at 6.040-6.240 EPS. As a group, equities analysts anticipate that H&R Block will post 6.14 EPS for the current fiscal year.

About H&R Block

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.