SmarterDividends
HRB

H&R Block, Inc.

HRB

Consumer Cyclical · Personal Services · Stock · quarterly payer

$48.67

Undervalued · +163% Add to Portfolio

Forward Yield

3.78%

Annual Dividend

$1.84

Payout Ratio

30%

5-Yr Growth

8.9%

Ex-Date

Sep 3, 2026

Frequency

Quarterly

Key facts about HRB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, H&R Block, Inc. (HRB) has a forward dividend yield of 3.78%, based on an annual dividend of $1.84 per share and a share price of $48.67.
  • As of Oct 19, 2026, HRB's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, H&R Block, Inc. (HRB) has raised its dividend for 10 consecutive years as of Oct 19, 2026.
  • HRB last cut its regular dividend in 1997.
  • HRB's most recent ex-dividend date was Sep 3, 2026, for a dividend of $0.46 per share.
  • As of Oct 19, 2026, HRB pays out 30% of its trailing 12-month earnings as dividends (its payout ratio).
  • HRB's dividend has grown at an average rate of 8.9% a year over the past five years.
  • As of Oct 19, 2026, HRB's 3.78% yield is 13% above its five-year average yield of 3.34%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for HRB is $127.95 per share, 163% above the $48.67 share price, so HRB screens as undervalued.
  • H&R Block, Inc. (HRB) pays its dividend quarterly, 4 times a year.
  • H&R Block, Inc. (HRB) has raised its regular dividend 31 times and cut it 1 time across the 161 payments on record since 1986. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Sep 3, 2026. The last cut went ex-dividend on Dec 10, 1996.
  • H&R Block (HRB) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 9.5%, was declared on Aug 11, 2026.
Cite this page

SmarterDividends, "HRB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/HRB

Summary

As of Oct 19, 2026, H&R Block, Inc. (HRB) yields 3.78% ($1.84 a year per share), has a dividend safety grade of A (89/100) and has 10 consecutive years of dividend increases on record.

Is HRB a good dividend stock?

Yes

H&R Block, Inc. (HRB) pays a quarterly dividend yielding 3.78% ($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
  • 106% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 1997

Key Data

Dividend Yield
3.78%
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
0.39
Market Cap
$6.0B
P/E Ratio
8.6
5-Yr Total Return
106%
52-Week Range
$28.16 – $58.67
Dividend Safety
A · 89/100
Ever Cut?
Yes (1997)

HRB dividend raises and cuts

H&R Block, Inc. (HRB) has raised its regular dividend 31 times and cut it 1 time across the 161 payments on record since 1986. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Sep 3, 2026. The last cut went ex-dividend on Dec 10, 1996.

Ex-dateChangeOld → newMove
Sep 3, 2026Raise$0.420 → $0.460+9.5%
Sep 4, 2025Raise$0.375 → $0.420+12.0%
Sep 5, 2024Raise$0.320 → $0.375+17.2%
Sep 6, 2023Raise$0.290 → $0.320+10.3%
Sep 7, 2022Raise$0.270 → $0.290+7.4%
Jun 24, 2021Raise$0.260 → $0.270+3.8%
Jun 20, 2019Raise$0.250 → $0.260+4.0%
Jun 21, 2018Raise$0.240 → $0.250+4.2%
Jun 21, 2017Raise$0.220 → $0.240+9.1%
Jun 16, 2016Raise$0.200 → $0.220+10.0%
Dec 20, 2011Raise$0.150 → $0.200+33.3%
Sep 8, 2008Raise$0.143 → $0.150+4.9%
Show all 32 changes since 1987
Ex-dateChangeOld → newMove
Sep 6, 2007Raise$0.135 → $0.143+5.9%
Sep 7, 2006Raise$0.125 → $0.135+8.0%
Dec 9, 2005Raise$0.110 → $0.125+13.6%
Sep 8, 2004Raise$0.100 → $0.110+10.0%
Sep 8, 2003Raise$0.0900 → $0.100+11.1%
Sep 6, 2002Raise$0.0800 → $0.0900+12.5%
Sep 6, 2001Raise$0.0750 → $0.0800+6.7%
Sep 7, 2000Raise$0.0688 → $0.0750+9.1%
Sep 8, 1999Raise$0.0625 → $0.0688+10.0%
Sep 8, 1998Raise$0.0500 → $0.0625+25.0%
Dec 10, 1996Cut$0.0800 → $0.0500−37.5%
Sep 7, 1995Raise$0.0780 → $0.0800+2.6%
Sep 6, 1994Raise$0.0700 → $0.0780+11.4%
Sep 3, 1993Raise$0.0625 → $0.0700+12.0%
Jun 23, 1992Raise$0.0550 → $0.0625+13.6%
Sep 4, 1991Raise$0.0488 → $0.0550+12.8%
Sep 4, 1990Raise$0.0400 → $0.0488+21.9%
Sep 5, 1989Raise$0.0325 → $0.0400+23.1%
Sep 6, 1988Raise$0.0275 → $0.0325+18.2%
Sep 3, 1987Raise$0.0231 → $0.0275+18.9%
Every HRB payment →Download every raise and cut (CSV)
HRB ex-dividend date & scheduleNext ex-date Sep 3, 2026 · full ex-dividend historyView →HRB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is HRB a good dividend stock?

Yes. H&R Block, Inc. (HRB) pays a quarterly dividend yielding 3.78% ($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.

Is HRB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HRB's fair value is about $127.95 versus a $48.67 share price — so it looks undervalued (+163% vs. fair value).

Is HRB's dividend safe?

HRB has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 10-year growth streak, a dividend cut in 1997, debt and yield-versus-history.

What is HRB's fair value?

Our blended fair-value estimate for HRB is about $127.95 per share, roughly 163% above the current $48.67 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HRB a buy, hold, or sell?

We don't issue formal ratings, but on the data HRB screens as "yes" and undervalued. H&R Block, Inc. (HRB) pays a quarterly dividend yielding 3.78% ($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. This is research for your own analysis, not investment advice.

Will HRB cut its dividend?

HRB earns a dividend-safety grade of A (89/100), and has cut its dividend before (last in 1997). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HRB pay a dividend?

Yes. H&R Block, Inc. pays a quarterly dividend of about $1.84 per share annually, a forward yield of roughly 3.78%.

What is HRB's dividend yield?

As of Oct 19, 2026, HRB's forward dividend yield is 3.78%, based on a $1.84 annual dividend and a $48.67 share price.

What is HRB's dividend per share?

As of Oct 19, 2026, HRB pays $1.84 per share per year, distributed on a quarterly basis.

What is HRB's dividend payout ratio?

As of Oct 19, 2026, HRB's payout ratio is 30% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has HRB grown its dividend?

As of Oct 19, 2026, HRB has increased its dividend for 10 consecutive years.

When is the next HRB ex-dividend date?

As of Oct 19, 2026, HRB's next ex-dividend date hasn't been announced. The most recent was Sep 3, 2026, for $0.46 per share.

HRB Dividend News

HRB
IncreaseHRB·Sep 4, 2026

H&R Block Raises Dividend 9.5% to $0.46

H&R Block’s quarterly dividend rises 9.5% to $0.46, extending a 10-year growth streak as stronger cash generation backs shareholder returns.

Income Calculator

At $1.84 / yr per share

Per payment (quarterly)$46.00
Annual$184.00
Monthly avg$15.33

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