Deluxe Corporation (NYSE:DLX) to Issue $0.30 Quarterly Dividend

Deluxe Corporation (NYSE:DLX – Get Free Report) declared a quarterly dividend on Monday, May 4th. Shareholders of record on Tuesday, May 19th will be given a dividend of 0.30 per share by the business services provider on Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Tuesday, May 19th.

Deluxe has a dividend payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Deluxe to earn $3.71 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 32.3%.

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Deluxe Stock Down 0.2%

DLX stock opened at $23.10 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.15 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $1.06 billion, a PE ratio of 9.87, a PEG ratio of 0.55 and a beta of 1.33. Deluxe has a twelve month low of $13.61 and a twelve month high of $32.07. The stock has a 50-day simple moving average of $27.80 and a two-hundred day simple moving average of $24.72.

Deluxe (NYSE:DLX – Get Free Report) last posted its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.14. The business had revenue of $538.10 million during the quarter, compared to analyst estimates of $534.97 million. Deluxe had a return on equity of 24.11% and a net margin of 5.01%.The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 EPS. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. On average, equities analysts predict that Deluxe will post 3.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DLX. Weiss Ratings reiterated a “buy (b-)” rating on shares of Deluxe in a research report on Friday, May 8th. Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Wall Street Zen downgraded Deluxe from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on DLX

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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