H&R Block, symbol HRB on New York, is the world’s largest provider of income-tax-preparation services.
The company is one of the investments we analyze in Wall Street Stock Forecaster, our newsletter for U.S.A. stock market investing.
In its 2011 fiscal year, which ended April 30, 2011, H&R Block’s U.S. offices prepared 14.8 million tax returns, up 3.6% from fiscal 2010. The number of returns processed over the Internet jumped 28.7%.
However, average fee paid per return fell 3.3%. As well, H&R Block sold 280 company-owned outlets to franchisees. Because of these factors, revenue fell 6% in 2011, to $3.8 billion from $3.9 billion in 2010. Excluding unusual items, earnings per share rose 7.0%, to $1.52 from $1.42.
H&R Block is a dividend paying stock. The company pays a quarterly dividend of $0.15 a share. The annual rate of $0.60 yields 3.7%.
We updated our buy/sell/hold advice on H&R Block in our June 24, 2011, Wall Street Stock Forecaster hotline, which you can immediately view when you take a 1-month free trial to Wall Street Stock Forecaster.
In addition to access to our weekly Email/Telephone Hotlines, your 1-month trial to this U.S.A. stock market investment advisory includes the latest issue and 6 free Special Reports. Click here to get started right away.
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Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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