This company has had its issues, but analysts and insiders are betting on a turnaround. Earnings will be announced February 1, and the stock is trading at a P/E of just 9.15. The shares offer a current annual dividend yield of 4.80%, paid quarterly.
H&R Block, Inc. (HRB)
From Forbes Dividend Investor
Kansas City, Missouri-based H&R Block is a well-known tax preparation firm, serving clients in the U.S., Canada, and Australia. It offers assisted and do-it-yourself tax return preparation services through multiple channels and distributes H&R block-branded financial products and services.
Shares of the company trade at deeply discounted valuations relative to recent history, although business is picking up. H&R Block shares yield more tuan 4%, and free cash flow over the past 12 months of $1.47 per share gives Block plenty of room to keep on paying and raising its $1.08 per share in annual dividends. The next ex-dividend date will be in early March.
The last insider transaction was a $125,696 purchase by a company director in November.
John Dobosz, Forbes Dividend Investor, newsletters.forbes.com, 212-367-3388 January 7, 2022