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

Deluxe Corporation (NYSE:DLX) announced a quarterly dividend on Monday, May 4th. Stockholders of record on Tuesday, May 19th will be paid a dividend of 0.30 per share by the business services provider on Tuesday, June 2nd. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, May 19th.

Deluxe has a 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%.

Deluxe Trading Down 0.2%

Shares of Deluxe stock opened at $23.10 on Friday. Deluxe has a 1 year low of $13.61 and a 1 year high of $32.07. The firm has a market cap of $1.06 billion, a PE ratio of 9.87, a P/E/G ratio of 0.55 and a beta of 1.33. The stock has a fifty day moving average price of $27.80 and a 200-day moving average price of $24.72. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.15 and a quick ratio of 1.05.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. grew its holdings in Deluxe by 0.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 86,657 shares of the business services provider’s stock valued at $1,678,000 after buying an additional 488 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Deluxe by 33.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,179 shares of the business services provider’s stock valued at $49,000 after buying an additional 552 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Deluxe by 3.3% during the 1st quarter. Illinois Municipal Retirement Fund now owns 23,291 shares of the business services provider’s stock valued at $641,000 after buying an additional 752 shares in the last quarter. Kendall Capital Management grew its holdings in Deluxe by 2.8% during the 3rd quarter. Kendall Capital Management now owns 28,886 shares of the business services provider’s stock valued at $559,000 after buying an additional 790 shares in the last quarter. Finally, Ipsen Advisor Group LLC grew its holdings in Deluxe by 3.5% during the 4th quarter. Ipsen Advisor Group LLC now owns 30,716 shares of the business services provider’s stock valued at $686,000 after buying an additional 1,033 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

About Deluxe

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.