Dividend Growth of Intuit Inc.(INTU)

Intuit (INTU) is having a Dividend Yield of 1.14% with the Annual cash Dividend per share of $1.2. The last quarter cash dividend per share pay out was $0.34. Intuit has a 5 year average dividend yield of 1.07% and the stock has a Indicated annual dividend of $1.36. Intuit (INTU) formally announced its most recent dividend on November 18, 2016 with a Dividend per share of $0.34. The new indicated annual dividend based on announced dividend per share is $1.36. The dividend yield based on the forward looking indicated annual dividend is 1.14%. Intuit (INTU) has the most recent dividend payout ratio of 0.43 with a 5-year average payout ratio of 0.34. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.09. The 5 year historical dividend growth of Intuit (INTU) is at the rate of 19.68% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Intuit Inc. (NASDAQ:INTU) rose 0.24% or 0.29 points on Thursday and made its way into the gainers of the day. After trading began at $119 the stock was seen hitting $119.329 as a peak level and $118.37 as the lowest level. The stock ended up at $119.24. The daily volume was measured at 874,967 shares. The 52-week high of the share price is $120.55 and the 52-week low is $93.68. The company has a market cap of $30,605 million. Shares of Intuit Inc. rose by 2.71% in the last five trading days and 2.98% for the last 4 weeks. Intuit Inc. is up 7.84% in the last 3-month period. Year-to-Date the stock performance stands at 4.35%.

Currently the company Insiders own 5.7% of Intuit Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -89.56% . Institutional Investors own 85.77% of Intuit Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -92.36%. Company has reported several Insider transactions to the SEC, on Dec 29, 2016, Henry Tayloe Stansbury (EVP, Chief Technology Officer) sold 1,871 shares at 116.88 per share price.On Nov 22, 2016, Daniel A Wernikoff (EVP & GM, Consumer Tax Group) sold 13,504 shares at 115.33 per share price.On Nov 22, 2016, Mark J Flournoy (VP, Chief Accounting Officer) sold 1,892 shares at 115.48 per share price.

Intuit Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.03. The company had revenue of $778.00 million for the quarter, compared to analysts expectations of $754.36 million. The companys revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.

Intuits mission is to revolutionize how people manage their financial activities. The companys objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.


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