Intuit (INTU) will raise its quarterly dividend by 13.3 percent to $0.34 per share in 2016. It's the fifth straight year of dividend increases for the business and financial management software company. The company initiated a quarterly dividend of $0.15 per share in 2011.
Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. Its products and services include QuickBooks and TurboTax. The company's QuickBooks Self-Employed helps freelancers and independent contractors to manage their finances and save money at tax time, while Intuit's Mint delivers financial tools and insights to help people make smart choices about their money.