Best NYSE Dividend Paying Companies – Simply Wall St News
H&R Block is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Here are other similar dividend stocks that could be valuable additions to your current holdings.
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. Formed in 1946, and currently lead by Jeffrey Jones, the company provides employment to 2,300 people and with the market cap of USD $6.10B, it falls under the mid-cap category.
HRB has a decent dividend yield of 3.27% and their current payout ratio is 73.51% . In the case of HRB, they have increased their dividend per share from US$0.57 to US$0.96 so in the past 10 years. They have been dependable too, not missing a single payment in this time. If analysts predictions are right, H&R Block has some strong earnings growth on the short-term horizon with an expected increase in EPS of 87.21% over the next 12 months. More detail on H&R Block here. NYSE:HRB Historical Dividend Yield Jun 12th 18