H&R Block, Inc. (HRB) To Go Ex-Dividend on March 4th

H&R Block, Inc. (NYSE:HRB) declared a quarterly dividend on Thursday, February 6th, RTT News reports. Investors of record on Tuesday, March 4th will be given a dividend of 0.375 per share on Thursday, April 3rd. This represents a $1.50 annualized dividend and a yield of 2.75%. The ex-dividend date of this dividend is Tuesday, March 4th.

H&R Block has raised its dividend by an average of 9.1% per year over the last three years. H&R Block has a payout ratio of 29.1% meaning its dividend is sufficiently covered by earnings. 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 $1.50 annual dividend with an expected future payout ratio of 29.4%.

H&R Block Stock Up 2.1 %

HRB opened at $54.46 on Friday. The company’s 50-day moving average price is $53.73 and its two-hundred day moving average price is $58.32. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. H&R Block has a twelve month low of $45.87 and a twelve month high of $68.45. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 15.00, a PEG ratio of 0.80 and a beta of 0.69.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) EPS for the quarter, missing the consensus estimate of ($1.59) by ($0.14). H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. As a group, equities analysts expect that H&R Block will post 5.25 earnings per share for the current year.

Analysts Set New Price Targets

HRB has been the topic of a number of recent research reports. Barrington Research reaffirmed an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research report on Wednesday, February 5th. StockNews.com downgraded shares of H&R Block from a “buy” rating to a “hold” rating in a report on Thursday, February 13th.

H&R Block Company Profile

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.