Today, July 18, 2023, Intuit INTU will distribute a dividend payout of $0.78 per share, highlighting an annualized dividend yield of 0.69%. Shareholders who owned the stock before the ex-dividend date on July 07, 2023 will be eligible for this payout.
Intuit Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-07 | 4 | $0.78 | 0.69% | 2023-05-23 | 2023-07-10 | 2023-07-18 |
| 2023-04-06 | 4 | $0.78 | 0.77% | 2023-02-23 | 2023-04-10 | 2023-04-18 |
| 2023-01-09 | 4 | $0.78 | 0.81% | 2022-11-29 | 2023-01-10 | 2023-01-18 |
| 2022-10-06 | 4 | $0.78 | 0.7% | 2022-08-23 | 2022-10-10 | 2022-10-18 |
| 2022-07-08 | 4 | $0.68 | 0.73% | 2022-05-24 | 2022-07-11 | 2022-07-18 |
| 2022-04-08 | 4 | $0.68 | 0.57% | 2022-02-22 | 2022-04-11 | 2022-04-18 |
| 2022-01-07 | 4 | $0.68 | 0.43% | 2021-11-18 | 2022-01-10 | 2022-01-18 |
| 2021-10-07 | 4 | $0.68 | 0.49% | 2021-08-24 | 2021-10-11 | 2021-10-18 |
| 2021-07-09 | 4 | $0.59 | 0.54% | 2021-05-25 | 2021-07-12 | 2021-07-19 |
| 2021-04-09 | 4 | $0.59 | 0.59% | 2021-02-23 | 2021-04-12 | 2021-04-19 |
| 2021-01-08 | 4 | $0.59 | 0.67% | 2020-11-19 | 2021-01-11 | 2021-01-19 |
| 2020-10-08 | 4 | $0.59 | 0.73% | 2020-08-24 | 2020-10-12 | 2020-10-19 |
Intuit's dividend yield falls in the middle range when compared to its industry peers, with SAP SAP having the highest annualized dividend yield at 1.51%.
Analyzing Intuit Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $2.00 to $2.92, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Intuit
From 2019 to 2022, Intuit experienced a growth in earnings per share, with an increase from $6.87 to $11.96. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Intuit and its implications for shareholders. Presently, the company is distributing a dividend of $0.78 per share, leading to an annualized dividend yield of 0.69%.
Intuit's dividend yield falls in the middle range when compared to its industry peers, with SAP having the highest annualized dividend yield at 1.51%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Intuit demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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