Intuit Raises Quarterly Dividend 15% to $1.20 Per Share
Intuit Inc., a financial technology platform (NASDAQ: INTU), declared a quarterly cash dividend of $1.20 per share, marking a 15% increase from the prior year's $1.04. The dividend is payable April 17, 2026.
Intuit Inc. (NASDAQ: INTU), a global financial technology platform, declared a quarterly cash dividend of $1.20 per share on February 26, 2026. The dividend represents a 15% increase compared to the $1.04 per share paid in the same period last year. Read more dividend announcements.
The dividend will be paid on April 17, 2026 to shareholders of record as of the close of business on April 9, 2026. The Board approved the dividend alongside the company's second-quarter fiscal 2026 earnings announcement.
| Dividend Details | Information |
|---|---|
| Amount | $1.20 per share |
| Previous Amount | $1.04 per share |
| Increase | 15% |
| Record Date | April 9, 2026 |
| Payment Date | April 17, 2026 |
| Frequency | Quarterly |
The company noted that future declarations of dividends and the establishment of future record dates and payment dates remain subject to final determination by the Board of Directors.
Second-Quarter Performance
Intuit reported strong second-quarter fiscal 2026 results in the same announcement. Global Business Solutions Online Ecosystem revenue grew 21% to approximately $2.5 billion, driven by 24% growth in QuickBooks Online Accounting revenue and 18% growth in Online Services revenue.
Consumer revenue increased 15% to $1.5 billion. Credit Karma revenue grew 23% to $616 million, while TurboTax revenue rose 12% to $581 million and ProTax revenue increased 7% to $290 million.
Capital Position
As of January 31, 2026, Intuit reported approximately $3.0 billion in total cash and investments and $6.2 billion in debt. The company repurchased $961 million of stock during the quarter, with $3.5 billion remaining on its share repurchase authorization.
The company entered into a new $2.2 billion unsecured revolving credit facility on January 9, 2026, maturing January 9, 2031, to support working capital and general corporate purposes. This facility replaced its February 5, 2024 credit agreement.
Full-Year Outlook
Intuit reiterated its fiscal 2026 guidance, expecting revenue of $20.997 billion to $21.186 billion, representing growth of 12% to 13%. The company projects non-GAAP diluted earnings per share of $22.98 to $23.18, growth of 14% to 15%.
For the third quarter ending April 30, 2026, Intuit expects revenue growth of approximately 10% and non-GAAP diluted earnings per share of $12.45 to $12.51.