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Markets · Investing · Business
Finance
Why H&R Block Stock Jumped This Week
Shareowners have larger dividends headed their way.
Shares of H&R Block (NYSE: HRB) rose more than 16% this past week after the tax preparation leader boosted its cash payments to investors.
Image source: Getty Images.
H&R Block's revenue rose 4.9% year over year to $3.95 billion in its fiscal year ended June 30. The financial services purveyor's adjusted net income from continuing operations, in turn, climbed 6.9% to $688 million.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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