H & R Block Inc (NYSE:HRB) Announces Quarterly Dividend of $0.26

H & R Block Inc (NYSE:HRB) announced a quarterly dividend on Thursday, November 7th, RTT News reports. Investors of record on Monday, December 9th will be paid a dividend of 0.26 per share on Thursday, January 2nd. This represents a $1.04 annualized dividend and a dividend yield of 4.14%.

Shares of HRB stock opened at $25.14 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 6.14. H & R Block has a twelve month low of $22.96 and a twelve month high of $29.62. The company has a market cap of $5.02 billion, a P/E ratio of 11.69, a P/E/G ratio of 1.26 and a beta of 0.24. The business has a fifty day simple moving average of $23.98 and a 200 day simple moving average of $26.32.

H & R Block (NYSE:HRB) last announced its quarterly earnings data on Wednesday, August 28th. The company reported ($0.72) earnings per share for the quarter, topping the consensus estimate of ($0.75) by $0.03. H & R Block had a return on equity of 305.29% and a net margin of 13.71%. The business had revenue of $150.00 million during the quarter, compared to the consensus estimate of $151.35 million. During the same period in the prior year, the company earned ($0.72) EPS. H & R Block’s revenue for the quarter was up 3.4% on a year-over-year basis. As a group, equities research analysts anticipate that H & R Block will post 1.99 earnings per share for the current fiscal year.

HRB has been the subject of several recent analyst reports. Barrington Research dropped their price objective on H & R Block from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, August 30th. TheStreet downgraded H & R Block from a “b” rating to a “c+” rating in a research report on Wednesday, August 28th. Morgan Stanley dropped their price objective on H & R Block from $29.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, August 29th. Finally, ValuEngine upgraded H & R Block from a “sell” rating to a “hold” rating in a research report on Thursday, October 10th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $27.00.

About H & R Block

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

See Also: Current Ratio

Dividend History for H & R Block (NYSE:HRB)

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