Intuit Dividend Increase

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Image Source: Pixabay
 

On 21 August, Intuit (INTUincreased its dividend by 15.38%, from $1.04 to $1.20 per share.

The dividend is payable on 17 October to shareholders of record on 9 October. 

INTU's forward yield is 0.72% at $666.80 per share.
 

Source: Simply Safe Dividends
 

I own 36 INTU shares at an average cost of $599.56 per share. INTU's contribution to DivGro's projected annual dividend income will increase by $23.04 to $172.80. 

My yield on cost is now 0.80%.

Since I opened my position in October 2024, the stock has generated a total return of 12%, including $111.28 in dividend income. That's a great return in about eleven months!

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$2.18 $2.45 $2.82 $3.24 $3.74 $4.32
12.37% 12.39% 15.10% 14.89% 15.43% 15.51%
5-year DGR: 14.03% 14.66%

projected, assuming no further changes


More By This Author:

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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...

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