
Deluxe Corporation
DLXIndustrials · Conglomerates · Stock · quarterly payer
Forward Yield
5.18%
Annual Dividend
$1.20
Payout Ratio
55%
5-Yr Growth
0.0%
Ex-Date
Aug 18, 2026
Frequency
Quarterly
Key facts about DLX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Deluxe Corporation (DLX) has a forward dividend yield of 5.18%, based on an annual dividend of $1.20 per share and a share price of $23.18.
- As of Oct 18, 2026, DLX's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
- DLX last cut its regular dividend in 2007.
- DLX's most recent ex-dividend date was Aug 18, 2026, for a dividend of $0.30 per share.
- As of Oct 18, 2026, DLX pays out 55% of its trailing 12-month earnings as dividends (its payout ratio).
- DLX's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DLX is $29.29 per share, 26% above the $23.18 share price, so DLX screens as undervalued.
- Deluxe Corporation (DLX) pays its dividend quarterly, 4 times a year.
- Deluxe Corporation (DLX) has raised its regular dividend 11 times and cut it 1 time across the 160 payments on record since 1987. Its most recent change was a 20.0% increase to $0.300 per share, going ex-dividend on May 15, 2014. The last cut went ex-dividend on Aug 17, 2006.
Cite this page
SmarterDividends, "DLX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/DLX
Summary
As of Oct 18, 2026, Deluxe Corporation (DLX) yields 5.18% ($1.20 a year per share) and has a dividend safety grade of A (85/100).
Is DLX a good dividend stock?
YesDeluxe Corporation (DLX) pays a quarterly dividend yielding 5.18% ($1.20/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (55%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2007
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.18%
- Payout Ratio
- 55%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Aug 18, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.23
- Market Cap
- $1.1B
- P/E Ratio
- 10.6
- 5-Yr Total Return
- -32%
- 52-Week Range
- $17.76 – $32.07
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (2007)
DLX dividend raises and cuts
Deluxe Corporation (DLX) has raised its regular dividend 11 times and cut it 1 time across the 160 payments on record since 1987. Its most recent change was a 20.0% increase to $0.300 per share, going ex-dividend on May 15, 2014. The last cut went ex-dividend on Aug 17, 2006.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 15, 2014 | Raise | $0.250 → $0.300 | +20.0% |
| Aug 17, 2006 | Cut | $0.400 → $0.250 | −37.5% |
| Feb 17, 2005 | Raise | $0.370 → $0.400 | +8.1% |
| Feb 15, 2001 | Raise | $0.296 → $0.370 | +25.1% |
| Aug 19, 1994 | Raise | $0.288 → $0.296 | +2.8% |
| Aug 17, 1993 | Raise | $0.280 → $0.288 | +2.9% |
| Aug 18, 1992 | Raise | $0.256 → $0.280 | +9.4% |
| Aug 13, 1991 | Raise | $0.232 → $0.256 | +10.3% |
| Aug 14, 1990 | Raise | $0.208 → $0.232 | +11.5% |
| Aug 15, 1989 | Raise | $0.184 → $0.208 | +13.0% |
| Aug 16, 1988 | Raise | $0.160 → $0.184 | +15.0% |
| Aug 18, 1987 | Raise | $0.144 → $0.160 | +11.1% |
Frequently Asked Questions
Is DLX a good dividend stock?
Yes. Deluxe Corporation (DLX) pays a quarterly dividend yielding 5.18% ($1.20/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is DLX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLX's fair value is about $29.29 versus a $23.18 share price — so it looks undervalued (+26% vs. fair value).
Is DLX's dividend safe?
DLX has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2007, debt and yield-versus-history.
What is DLX's fair value?
Our blended fair-value estimate for DLX is about $29.29 per share, roughly 26% above the current $23.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DLX a buy, hold, or sell?
We don't issue formal ratings, but on the data DLX screens as "yes" and undervalued. Deluxe Corporation (DLX) pays a quarterly dividend yielding 5.18% ($1.20/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will DLX cut its dividend?
DLX earns a dividend-safety grade of A (85/100), and has cut its dividend before (last in 2007). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DLX pay a dividend?
Yes. Deluxe Corporation pays a quarterly dividend of about $1.20 per share annually, a forward yield of roughly 5.18%.
What is DLX's dividend yield?
As of Oct 18, 2026, DLX's forward dividend yield is 5.18%, based on a $1.20 annual dividend and a $23.18 share price.
What is DLX's dividend per share?
As of Oct 18, 2026, DLX pays $1.20 per share per year, distributed on a quarterly basis.
What is DLX's dividend payout ratio?
As of Oct 18, 2026, DLX's payout ratio is 55% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DLX grown its dividend?
DLX does not currently have a long dividend-growth streak on record.
When is the next DLX ex-dividend date?
As of Oct 18, 2026, DLX's next ex-dividend date hasn't been announced. The most recent was Aug 18, 2026, for $0.30 per share.
DLX Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
+27%
5 Years
-32%
52-Week Range
$17.76 – $32.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DLX worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Deluxe Corporation is $29.29 per share, versus a market price of $23.18. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$29.29
Current Price
$23.18
Upside
+26%
Margin of Safety
21%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.8% annual free-cash-flow growth. We model 9.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.4% discount rate (CAPM), 9.5% growth for five years fading to 2.5% over the next five, $2.18 EPS, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DLX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DLX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 18, 2026 | Sep 1, 2026 | $0.3000 | regular |
| May 19, 2026 | Jun 2, 2026 | $0.3000 | regular |
| Feb 9, 2026 | Feb 23, 2026 | $0.3000 | regular |
| Nov 17, 2025 | Dec 1, 2025 | $0.3000 | regular |
| Aug 18, 2025 | Sep 2, 2025 | $0.3000 | regular |
| May 19, 2025 | Jun 2, 2025 | $0.3000 | regular |
| Feb 18, 2025 | Mar 3, 2025 | $0.3000 | regular |
| Nov 19, 2024 | Dec 2, 2024 | $0.3000 | regular |
| Aug 19, 2024 | Sep 3, 2024 | $0.3000 | regular |
| May 17, 2024 | Jun 3, 2024 | $0.3000 | regular |
| Feb 16, 2024 | Mar 4, 2024 | $0.3000 | regular |
| Nov 17, 2023 | Dec 4, 2023 | $0.3000 | regular |
| Aug 18, 2023 | Sep 5, 2023 | $0.3000 | regular |
| May 19, 2023 | Jun 5, 2023 | $0.3000 | regular |
Income Calculator
At $1.20 / yr per share
Similar Dividend Stocks
Compare DLX
Explore more
Lists and tools related to DLX
- Undervalued dividend stocks →
- Safest dividend stocks →
- Industrials dividend stocks →
- DLX dividend calculator →
- DLX DRIP calculator →
- DLX: last day to buy for the dividend →
- Embed DLX dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →



