On January 18, 2024, Intuit INTU will distribute a dividend payout of $0.90 per share, equating to an annualized dividend yield of 0.64%. Shareholders who owned the stock before the ex-dividend date on January 09, 2024 will receive this payout.
Intuit Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-09 | 4 | $0.9 | 0.64% | 2023-11-28 | 2024-01-10 | 2024-01-18 |
| 2023-10-05 | 4 | $0.9 | 0.72% | 2023-08-24 | 2023-10-09 | 2023-10-17 |
| 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 |
With a dividend yield that places it neither at the top nor the bottom, Intuit finds itself in the middle among its industry peers, while SAP SAP boasts the highest annualized dividend yield at 1.42%.
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
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $2.24 to $3.36, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Intuit
Investors can observe a growth in earnings for Intuit from 2020 to 2023, as earnings per share increased from $8.40 to $15.24. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we delve into Intuit's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.90 per share today, resulting in an annualized dividend yield of 0.64%.
With a dividend yield that places it neither at the top nor the bottom, Intuit finds itself in the middle among its industry peers, while SAP boasts the highest annualized dividend yield at 1.42%.
The upward trend in dividend per share and earnings per share for Intuit from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Intuit's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
