Thursday, June 07, 2007

H & R Block Increase Dividend 5.6%

Today, H & R Block (HRB) announced a 5.6% increase in the company's quarterly dividend. The new quarterly dividend increases to 14.25 cents per share versus 13.5 cents per share. The payout ratio based on fiscal 2007 estimated earnings of $1.16 increases to 49%. The 5-year average payout ratio is approximately 25%.

H & R Block dividend analysis table. June 7, 2007
h& R Block stock chart. June 7, 2007


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