Deluxe Corporation (NYSE:DLX) Declares $0.30 Quarterly Dividend

Deluxe Corporation (NYSE:DLX) 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) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Monday, February 9th.

Deluxe has a payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. 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 Deluxe stock traded up $2.49 on Thursday, hitting $26.39. The company had a trading volume of 736,275 shares, compared to its average volume of 448,046. Deluxe has a 52 week low of $13.61 and a 52 week high of $27.20. The company has a market cap of $1.19 billion, a PE ratio of 14.34, a PEG ratio of 0.63 and a beta of 1.37. The company has a debt-to-equity ratio of 2.13, a current ratio of 0.99 and a quick ratio of 0.91. The business has a 50-day simple moving average of $22.32 and a 200-day simple moving average of $19.96.

Deluxe (NYSE:DLX) last announced its quarterly earnings results on Wednesday, November 5th. The business services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $0.92 by $0.17. Deluxe had a net margin of 3.90% and a return on equity of 22.42%. The company had revenue of $540.20 million for the quarter, compared to analyst estimates of $526.50 million. During the same quarter in the prior year, the business posted $0.84 EPS. Deluxe’s quarterly revenue was up 2.2% on a year-over-year basis. Deluxe has set its FY 2025 guidance at 3.450-3.60 EPS. Research analysts expect that Deluxe will post 2.77 EPS for the current fiscal year.

Deluxe Company Profile

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.