H&R Block Increases Quarterly Dividend From $0.29 To $0.32/Share
Portfolio Pulse from Happy Mohamed
H&R Block has announced a 10% increase in its quarterly dividend, marking the seventh increase in seven years. The new dividend is $0.32 per share, payable on October 4, 2023, to shareholders of record as of September 7, 2023.
August 15, 2023 | 8:07 pm
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H&R Block's dividend increase may attract income-focused investors, potentially leading to a short-term increase in stock price.
Dividend increases are often seen as a sign of a company's financial health and can attract income-focused investors. This could increase demand for H&R Block's shares, potentially leading to a short-term increase in its stock price.
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