H&R Block Announces 17% Dividend Increase To $0.375/Share, Announces $1.5B Share Repurchase Authorization
Portfolio Pulse from Benzinga Newsdesk
H&R Block has announced a 17% increase in its quarterly dividend to $0.375 per share and authorized a $1.5 billion share repurchase program.
August 15, 2024 | 8:10 pm
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POSITIVE IMPACT
H&R Block has announced a 17% increase in its quarterly dividend to $0.375 per share and authorized a $1.5 billion share repurchase program.
The increase in dividend and the large share repurchase authorization are positive signals to investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100