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H&R Block reported positive fiscal 2024 third-quarter results with revenue growth of 4%, net income growth of 7%, and earnings per share growth of 18%. The company expects to be near the high end of its fiscal year 2024 outlook. Key financial metrics show total revenue increased by 4% to $2.2 billion, while total operating expenses increased primarily due to higher field wages. Capital allocation included a quarterly cash dividend of $0.32 per share and $350 million share repurchases. The company has returned over $3.8 billion to shareholders since 2016.
H&R Block, Inc. (NYSE: HRB) will participate in the 18th Annual Barrington Research Virtual Spring Investment Conference with key executives hosting virtual investor meetings. The event is scheduled for Thursday, May 16, 2024. Investors can request a meeting through their Barrington Research salesperson.
H&R Block, Inc. announces a quarterly cash dividend of $0.32 per share, payable on July 3, 2024, to shareholders of record as of June 5, 2024. The Company has a strong dividend history, consistently paying dividends for over sixty years since going public in 1962. Additionally, there has been a significant growth in dividends and a return of over $3.8 billion to shareholders since 2016.
Block Advisors by H&R Block has launched the 'Fund Her Future' grant program to support women-owned small businesses, offering five winners a total of $100,000 in grants and access to Block Advisors services. The initiative aims to address funding disparities and provide support to women entrepreneurs. The program is open for submissions until May 26, 2024, with eligibility criteria outlined on the grant website.