H&R Block, Inc. (NYSE:HRB) Announces $0.42 Quarterly Dividend

H&R Block, Inc. (NYSE:HRB) announced a quarterly dividend on Tuesday, November 4th. Shareholders of record on Thursday, December 4th will be paid a dividend of 0.42 per share on Tuesday, January 6th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Thursday, December 4th.

H&R Block has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 9 years. H&R Block has a dividend payout ratio of 32.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect H&R Block to earn $5.10 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 32.9%.

H&R Block Price Performance

HRB traded up $0.24 during midday trading on Wednesday, hitting $50.22. The company had a trading volume of 218,333 shares, compared to its average volume of 1,470,483. The firm’s 50-day simple moving average is $50.86 and its 200-day simple moving average is $54.26. H&R Block has a twelve month low of $47.00 and a twelve month high of $64.62. The company has a market capitalization of $6.42 billion, a PE ratio of 11.20, a P/E/G ratio of 0.82 and a beta of 0.32. The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.90 and a current ratio of 0.90.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, August 12th. The company reported $2.27 earnings per share for the quarter, missing the consensus estimate of $2.81 by ($0.54). H&R Block had a net margin of 16.11% and a negative return on equity of 191.38%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $1.89 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities research analysts predict that H&R Block will post 5.25 EPS for the current fiscal year.

About H&R Block

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.