Intuit lines up fiscal Q4 report for Aug. 25 as dividend yield math draws investor attention
NEW YORK, Aug. 24. Analysts expect Intuit Inc. (INTU) to report fiscal fourth-quarter earnings of $3.59 per share when results land after the closing bell on Tuesday, Aug. 25, up from $2.75 per share in the year-ago period, according to Benzinga Pro. Revenue consensus for the quarter stands at $4.27 billion, compared with $3.83 billion Intuit posted in the same period last year.
Key takeaways
- Analysts expect Intuit to report fiscal fourth-quarter earnings of $3.59 per share on revenue of $4.27 billion when it reports after the closing bell on Tuesday, Aug. 25.
- The expected results are up from $2.75 per share and $3.83 billion in revenue in the year-ago period.
- Deutsche Bank analyst Brad Zelnick maintained a Buy rating on Aug. 19 while cutting his price target to $425 from $530.
- Intuit carries an annual dividend yield of 1.33%, with a quarterly payout of $1.20 per share, or $4.80 per year.
- Collecting $500 per month in dividends would require about 1,250 shares, an outlay of roughly $452,338.
NEW YORK, Aug. 24. Analysts expect Intuit Inc. (INTU) to report fiscal fourth-quarter earnings of $3.59 per share when results land after the closing bell on Tuesday, Aug. 25, up from $2.75 per share in the year-ago period, according to Benzinga Pro. Revenue consensus for the quarter stands at $4.27 billion, compared with $3.83 billion Intuit posted in the same period last year.
Deutsche Bank analyst Brad Zelnick maintained a Buy rating on the stock on Aug. 19 and cut his price target to $425 from $530.
What dividend investors are watching
Separately from the earnings setup, Intuit's income profile has drawn attention ahead of the report. The stock carries an annual dividend yield of 1.33%, with a quarterly payout of $1.20 per share, or $4.80 per year.
To collect $500 per month, or $6,000 annually, in dividend income, an investor would need to hold approximately 1,250 shares, an outlay of roughly $452,338. A $100-per-month target, or $1,200 per year, brings that figure down to about 250 shares and $90,468. Both thresholds come from the same formula: desired annual income divided by the annual per-share dividend.
How yield moves over time
Dividend yield is not fixed. It is computed by dividing the annual dividend payment by the current stock price, which means any move in either variable changes the output. A stock paying $2 per year and priced at $50 yields 4%. If that price rises to $60, the yield falls to 3.33%. If the price drops to $40, the yield rises to 5%.
Dividend changes follow the same logic. A raised payment lifts the yield on a flat stock price; a cut does the opposite. Intuit's 1.33% yield reflects the current payment against the current share price. Both can shift before and after the Aug. 25 report.