H&R Block Announces 200th Consecutive Quarterly Dividend
KANSAS CITY, MO -- (Marketwire) -- 08/23/12 -- H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable October 1, 2012, to shareholders of record as of September 14, 2012. This declaration marks the 50th anniversary of H&R Block's (HRB) first dividend payment and represents its 200th consecutive quarterly dividend since the company went public in 1962.
"Announcing our 200th consecutive quarterly dividend is a significant milestone for H&R Block," said Bill Cobb, H&R Block's President and CEO. "Since Henry and Richard Bloch took the company public 50 years ago, our business has been very resilient. We are proud of our ability to generate substantial free cash flow and consistently returning capital to shareholders."
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About H&R Block
H&R Block, Inc. (NYSE: HRB) is the world's largest tax services provider, having prepared more than 600 million tax returns worldwide since 1955. In fiscal 2012, H&R Block had annual revenues of $2.9 billion and prepared 25.6 million tax returns worldwide. Tax return preparation services are provided in company-owned and franchise retail tax offices by nearly 100,000 professional tax preparers, and through H&R Block At Home" digital products. H&R Block Bank provides affordable banking products and services. For more information, visit the H&R Block Online Press Center.
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Source: H & R Block