H & R Block Beats, Sweetens Deal With Hefty Dividend Increase: Here's How To Earn $500 A Month From The Stock
Portfolio Pulse from AJ Fabino
H & R Block Inc (NYSE:HRB) shares gained as much as 11% after the company issued upbeat Q2 earnings and increased its dividend by 10%. The company reported strong revenue growth, substantial EBITDA growth, and a 9% increase in adjusted EPS. Positive customer feedback, growth in its Small Business sector, and efficient implementation of the “Block Horizons” strategy also contributed to the year’s accomplishments.
August 16, 2023 | 7:14 pm
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POSITIVE IMPACT
H & R Block's stock price is likely to see a positive short-term impact due to the company's strong Q2 earnings and 10% dividend increase.
H & R Block's strong Q2 earnings and 10% dividend increase are positive indicators for the company's financial health. This is likely to attract investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100