Intuit Dividend Increase

On 21 August, Intuit (INTU) increased 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

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