Summary Report: Deluxe
Image Source: Pixabay
Deluxe Corp (DLX) was founded in 1915 and is headquartered in Minneapolis, Minnesota.
The Corporation provides marketing products and services.
It operates through four segments: (1) Merchant Services, (2) B2B Payments, (3) Data Solutions, and (4) Print.
Three key data points gauge DLX or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
DLX Price
Deluxe Corp's price fell 3.75% from $20.04 to $19.29 over the past year, as of Friday.
Three analysts cover the stock, and the median of their one-year target estimates suggests DLX stock price growing to $25 over the coming year.
DLX Dividends
Deluxe Corp has paid variable dividends quarterly since September 5, 1989.
The current forward-looking annual dividend of $1.20 yields 6.22% per Friday’s $19.29 share price.
DLX Returns
Putting it all together, a $5.91 estimated gross gain per share shows up when adding DLX’s annual $1.20 dividend to an estimated $4.71 annual price gain.
A little over $1000 invested at the recent $19.29 share price would buy 52 shares which, multiply the $5.91 gross gain to an estimated $301.99 for the coming year.
Furthermore, over 20% of that $302 gain comes from the $62.20 in annual dividends generated from a $1,000 investment. Besides, the $62.20 annual total dividend from your $1k investment is over 3.2 times greater than the recent $19.29 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on DLX to get that current $62.20 annual dividend income that has been paid out over the past 36 years.
The exact track of DLX’s future share price and dividends will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
More By This Author:
Stock Analysis: Blue Owl Capital
Summary Report: Northwest Bancshares
Summary Report: MSC Income
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
more