Deluxe Corporation (DLX) to Issue Quarterly Dividend of $0.30 on February 23rd

Deluxe Corporation (NYSE:DLXGet Free Report) declared a quarterly dividend on Wednesday, January 28th. Investors of record on Monday, February 9th will be paid a dividend of 0.30 per share by the business services provider on Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Monday, February 9th.

Deluxe has a dividend payout ratio of 33.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Deluxe to earn $3.56 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 33.7%.

Deluxe Price Performance

Shares of DLX stock opened at $27.04 on Friday. The firm’s 50 day moving average price is $22.48 and its two-hundred day moving average price is $20.00. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.91 and a current ratio of 0.99. Deluxe has a 52-week low of $13.61 and a 52-week high of $27.26. The stock has a market cap of $1.22 billion, a PE ratio of 14.38, a PEG ratio of 0.62 and a beta of 1.37.

Deluxe (NYSE:DLXGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.17. The business had revenue of $540.20 million for the quarter, compared to analyst estimates of $526.50 million. Deluxe had a return on equity of 22.99% and a net margin of 3.99%.The firm’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the company earned $0.84 EPS. Deluxe has set its FY 2025 guidance at 3.450-3.60 EPS. As a group, analysts forecast that Deluxe will post 2.77 EPS for the current year.

Deluxe News Summary

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Deluxe Company Profile

(Get Free Report)

Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.

The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.

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Dividend History for Deluxe (NYSE:DLX)

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