Intuit hikes dividend by 12.8%
Intuit (INTU) will raise its quarterly dividend by 12.8 percent to $0.53 per share in 2019. This marks the 8th consecutive year of dividend increases for the technology company.
The next dividend will be paid on October 18, 2019 to shareholders of record on October 10, 2019. A new annualized rate of $2.12 per share yields 0.8% at a stock price of $278.
Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. Intuit's reportable segments are: Small Business & Self-Employed, Consumer and Strategic Partner. The company's products and platforms, including QuickBooks, TurboTax, Mint and Turbo, are designed to help customers better manage their money, reduce their debt and file their taxes with ease. Intuit has offices in the United States, Canada, India, the United Kingdom, Israel, Australia, and other locations. Intuit was incorporated in California in March 1984. The company was reincorporated in Delaware and completed our initial public offering in March 1993.
The next dividend will be paid on October 18, 2019 to shareholders of record on October 10, 2019. A new annualized rate of $2.12 per share yields 0.8% at a stock price of $278.
Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. Intuit's reportable segments are: Small Business & Self-Employed, Consumer and Strategic Partner. The company's products and platforms, including QuickBooks, TurboTax, Mint and Turbo, are designed to help customers better manage their money, reduce their debt and file their taxes with ease. Intuit has offices in the United States, Canada, India, the United Kingdom, Israel, Australia, and other locations. Intuit was incorporated in California in March 1984. The company was reincorporated in Delaware and completed our initial public offering in March 1993.
