KANSAS CITY, MO — (Marketwire) — 12/08/11 — H&R Block, Inc. (NYSE: HRB) announced today that its Board of Directors has increased the annual cash dividend on the company-s common shares by 33 percent to $0.80 cents per share from $0.60 per share.
The increase is effective with the quarterly cash dividend of $0.20 per share, payable on January 5, 2012, to shareholders of record as of December 22, 2011. The January 5 payment marks the company-s 197th consecutive quarterly dividend.
“This dividend increase is a direct reflection of the company-s continued commitment to strong shareholder returns,” said Bill Cobb, H&R Block-s president and CEO. “It-s a bold move that shows we are confident in our ability to grow clients and market share, and confident in our future.”
H&R Block Inc. (NYSE: HRB) has prepared more than 575 million tax returns worldwide since 1955, making it the country-s largest tax services provider. In fiscal 2011, H&R Block had annual revenues of $3.8 billion and prepared more than 24.5 million tax returns worldwide, including Canada and Australia. Tax return preparation services are provided in and retail tax offices by approximately 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 .
Derek Drysdale
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Gene King
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