H&R Block, Inc. (HRB) to Issue Quarterly Dividend of $0.42 on April 6th

H&R Block, Inc. (NYSE:HRB) announced a quarterly dividend on Wednesday, February 4th. Investors of record on Wednesday, March 4th will be paid a dividend of 0.42 per share on Monday, April 6th. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Wednesday, March 4th.

H&R Block has increased its dividend by an average of 0.1%per year 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 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 Stock Down 2.8%

Shares of H&R Block stock opened at $30.62 on Monday. The company has a 50-day simple moving average of $38.13 and a two-hundred day simple moving average of $44.78. The stock has a market capitalization of $3.88 billion, a PE ratio of 7.07, a price-to-earnings-growth ratio of 0.49 and a beta of 0.39. H&R Block has a 52-week low of $28.16 and a 52-week high of $64.62. The company has a debt-to-equity ratio of 12.86, a quick ratio of 1.29 and a current ratio of 1.29.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) earnings per share for the quarter, beating the consensus estimate of ($1.96) by $0.12. H&R Block had a net margin of 16.19% and a negative return on equity of 176.02%. The company had revenue of $198.87 million during the quarter, compared to the consensus estimate of $187.36 million. During the same quarter last year, the firm earned ($1.73) earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, analysts anticipate that H&R Block will post 5.25 EPS for the current fiscal year.

Hedge Funds Weigh In On H&R Block

Institutional investors have recently made changes to their positions in the business. Alpine Bank Wealth Management bought a new stake in H&R Block during the third quarter valued at approximately $26,000. Clearstead Advisors LLC grew its position in shares of H&R Block by 134.4% during the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after acquiring an additional 293 shares during the period. Operose Advisors LLC purchased a new stake in shares of H&R Block in the 2nd quarter worth $27,000. Quent Capital LLC purchased a new stake in shares of H&R Block in the 3rd quarter worth $27,000. Finally, Abound Wealth Management lifted its position in H&R Block by 208.0% during the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock valued at $27,000 after purchasing an additional 416 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

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.