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Why the dividend investor may take a look at NYSE:HRB.

By Mill Chart

Last update: Jan 17, 2024

Unearth the potential of H&R BLOCK INC (NYSE:HRB) as a dividend stock recommended by our stock screening tool. NYSE:HRB maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

What does the Dividend looks like for NYSE:HRB

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:HRB has achieved a 7 out of 10:

  • Compared to an average industry Dividend Yield of 2.49, HRB pays a better dividend. On top of this HRB pays more dividend than 98.44% of the companies listed in the same industry.
  • HRB has been paying a dividend for at least 10 years, so it has a reliable track record.
  • HRB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
  • HRB pays out 31.96% of its income as dividend. This is a sustainable payout ratio.
  • HRB's earnings are growing more than its dividend. This makes the dividend growth sustainable.

ChartMill's Evaluation of Health

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:HRB scores a 5 out of 10:

  • HRB has an Altman-Z score of 3.46. This indicates that HRB is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 3.46, HRB belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
  • The Debt to FCF ratio of HRB is 2.01, which is a good value as it means it would take HRB, 2.01 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.01, HRB belongs to the top of the industry, outperforming 82.81% of the companies in the same industry.

A Closer Look at Profitability for NYSE:HRB

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:HRB has achieved a 7:

  • Looking at the Return On Assets, with a value of 22.16%, HRB belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
  • The Return On Invested Capital of HRB (35.88%) is better than 96.88% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for HRB is significantly above the industry average of 14.62%.
  • The 3 year average ROIC (27.02%) for HRB is below the current ROIC(35.88%), indicating increased profibility in the last year.
  • With an excellent Profit Margin value of 16.01%, HRB belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
  • HRB has a better Operating Margin (21.62%) than 89.06% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Check the latest full fundamental report of HRB for a complete fundamental analysis.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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