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KANSAS CITY - H&R Block, Inc. (NYSE:HRB), a global provider of tax preparation services, declared a quarterly cash dividend of $0.375 per share on Tuesday. The dividend is payable on July 3, 2025, to shareholders of record at the close of business on June 4, 2025.
This declaration continues the company’s long-standing tradition of quarterly dividends, a practice maintained for over six decades since H&R Block became public in 1962. The company has achieved significant growth in its dividends, with an 88% increase since April 2016. Over the years, H&R Block has returned more than $4.4 billion to its shareholders through dividends and share repurchases, underscoring its commitment to shareholder returns.
H&R Block’s operations extend beyond tax preparation to include financial products and small-business solutions. The company has been integrating digital innovation with human expertise to provide optimal outcomes during tax seasons. Their mobile banking app, Spruce, is designed to aid clients in better money management. Additionally, H&R Block supports small-business owners through Block Advisors and Wave, offering services such as bookkeeping, payroll, advisory, and payment processing.
This financial move reflects H&R Block’s stable financial position and its ability to consistently reward its investors. The company’s consistent dividend payments, along with its growth in services, highlight its dedication to both client service and shareholder value.
The information in this article is based on a press release statement from H&R Block.
In other recent news, H&R Block reported a larger-than-expected loss for the second quarter of fiscal 2024, with an earnings per share (EPS) loss of $1.73, exceeding the forecasted loss of $1.59. Revenue for the quarter was $179 million, falling short of the anticipated $183.4 million. Despite these results, the company maintained its full-year financial outlook, projecting revenue between $3.69 billion and $3.75 billion. In a strategic move, H&R Block partnered with OpenAI to develop a generative AI platform aimed at enhancing tax filing services for its clients, with a broader rollout expected by the 2026 tax season. Additionally, the company announced a partnership with The Home Depot to offer discounted tax preparation services to Pro Xtra members, aiming to simplify business tax and bookkeeping processes. On the leadership front, Richard A. Johnson was appointed as the new Chairman of the Board, succeeding Robert A. Gerard. The leadership transition aligns with H&R Block’s strategic growth plans as it looks forward to fiscal year 2026.
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