H&R Block, Inc.
HRBConsumer Cyclical · Stock · quarterly payer
Forward Yield
3.61%
Annual Dividend
$1.84
Payout Ratio
30%
5-Yr Growth
8.9%
Ex-Date
Sep 3, 2026
Frequency
Quarterly
Summary
As of September 2026, H&R Block, Inc. (HRB) yields 3.61% ($1.84 per share annually), with a blended fair-value estimate of $63.24 — +20% upside, so it screens as undervalued. Dividend safety grade: A (91/100). 10 years of dividend growth.
Is HRB a good dividend stock?
YesH&R Block, Inc. (HRB) pays a quarterly dividend yielding 3.61% ($1.84/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 10 consecutive years of dividend growth
- Comfortable payout ratio (30%)
- Strong 8.9% 5-yr dividend growth
- 110% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 1997
Key Data
- Dividend Yield
- 3.61%
- Payout Ratio
- 30%
- Annual Dividend
- $1.84
- 5-Yr Avg Growth
- 8.9%
- Ex-Dividend Date
- Sep 3, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.35
- Market Cap
- $6.3B
- P/E Ratio
- 8.9
- 5-Yr Total Return
- 110%
- 52-Week Range
- $28.16 – $58.67
- Dividend Safety
- A · 91/100
- Ever Cut?
- Yes (1997)
Frequently Asked Questions
HRB Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+22%
5 Years
+110%
52-Week Range
$28.16 – $58.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HRB worth?
Undervaluedlow confidenceOur blended fair-value estimate for H&R Block, Inc. is $63.24 per share, versus a market price of $52.48. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$63.24
Current Price
$52.48
Upside
+20%
Margin of Safety
17%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 19.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 19.1% stage-1 growth, 2.5% terminal growth, $5.69 EPS, $1.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HRB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 3, 2026 | — | $0.4600 | regular |
| Jun 3, 2026 | — | $0.4200 | regular |
| Mar 4, 2026 | — | $0.4200 | regular |
| Dec 4, 2025 | — | $0.4200 | regular |
| Sep 4, 2025 | — | $0.4200 | regular |
| Jun 4, 2025 | — | $0.3750 | regular |
| Mar 4, 2025 | — | $0.3750 | regular |
| Dec 5, 2024 | — | $0.3750 | regular |
| Sep 5, 2024 | — | $0.3750 | regular |
| Jun 5, 2024 | — | $0.3200 | regular |
| Mar 4, 2024 | — | $0.3200 | regular |
| Dec 4, 2023 | — | $0.3200 | regular |
| Sep 6, 2023 | — | $0.3200 | regular |
| Jun 6, 2023 | — | $0.2900 | regular |
Income Calculator
At $1.84 / yr per share
