Intuit Inc. (NASDAQ:INTU) Raises Dividend to $1.38 Per Share

Intuit Inc. (NASDAQ:INTU – Get Free Report) announced a quarterly dividend on Tuesday, August 25th. Investors of record on Thursday, October 8th will be given a dividend of 1.38 per share by the software maker on Friday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, October 8th. This is a 15.0% increase from Intuit’s previous quarterly dividend of $1.20.

Intuit has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. Intuit has a dividend payout ratio of 20.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Intuit to earn $21.06 per share next year, which means the company should continue to be able to cover its $4.80 annual dividend with an expected future payout ratio of 22.8%.

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Intuit Price Performance

Shares of Intuit stock traded down $14.27 on Wednesday, reaching $343.19. The company’s stock had a trading volume of 8,464,678 shares, compared to its average volume of 4,378,072. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $93.88 billion, a P/E ratio of 20.79, a PEG ratio of 1.16 and a beta of 0.97. The stock has a 50-day moving average price of $302.38 and a 200-day moving average price of $357.99. Intuit has a 52-week low of $252.84 and a 52-week high of $705.08.

Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business’s revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts expect that Intuit will post 18.19 EPS for the current year.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit exceeded fourth-quarter expectations, reporting adjusted EPS of $4.03 versus a $3.58 consensus estimate and revenue of $4.35 billion versus $4.27 billion. Revenue increased 13.7% year over year, while Credit Karma revenue rose 16% and Global Business Solutions revenue climbed 14%. Intuit fourth-quarter earnings report
• Positive Sentiment: The board approved a 15% increase in the quarterly dividend to $1.38 per share, and Intuit repurchased approximately $5.5 billion of stock during fiscal 2026, providing shareholder-return support. Intuit dividend announcement
• Neutral Sentiment: Management described fiscal 2027 as a strategic “reset to reaccelerate,” prioritizing customer acquisition, market-share gains and broader access to QuickBooks. The plan includes revisiting TurboTax pricing and increasing investment, which could support longer-term growth but weighs on near-term financial results. Intuit strategic reset article
• Neutral Sentiment: Intuit said 75% of enterprise customers use its AI agents monthly, highlighting adoption of Intuit Intelligence. However, investors remain concerned that AI competition could pressure TurboTax and eventually QuickBooks. Intuit AI customer adoption article
• Negative Sentiment: Fiscal 2027 revenue guidance of $23.28 billion to $23.51 billion implies roughly 9% to 10% growth, below analyst expectations and down from fiscal 2026’s 14% growth. Adjusted EPS guidance of $22.88 to $23.12 also trails consensus near $26.04. Reuters Intuit forecast article
• Negative Sentiment: Management acknowledged that pricing is driving some customers away from TurboTax and that lower-cost offerings may reduce revenue in the near term. Mailchimp is also being separated as a segment with expectations for little or no growth, adding to concerns about the company’s growth trajectory. MarketWatch TurboTax pricing article
• Negative Sentiment: Analysts responded by lowering targets or ratings: Truist moved to Hold with a $300 target, JPMorgan reaffirmed Neutral at $331, and Bank of America downgraded the stock to Neutral. Several investor-rights firms also publicized securities class-action claims involving alleged TurboTax risk disclosures, creating an additional overhang. Analyst revisions for Intuit

Intuit Company Profile

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Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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