|Bid||27.97 x 800|
|Ask||29.31 x 900|
|Day's Range||27.94 - 28.90|
|52 Week Range||18.90 - 52.06|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||42.54|
|Forward Dividend & Yield||1.20 (4.18%)|
|Ex-Dividend Date||Nov 20, 2020|
|1y Target Est||N/A|
On November 5, 2020, Deluxe (NYSE: DLX) announced shareholders can expect to receive a dividend payable on December 7, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Deluxe, whose current dividend payout is $0.3, has an ex-dividend date set at November 20, 2020. The payout equates to a dividend yield of 5.39% at current price levels.What Are Ex-Dividend Dates? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Deluxe's Dividend History Over the past year, Deluxe has seen its dividend payouts remain the same and its yields climb upward overall. Last year on November 15, 2019 the company's payout sat at $0.3, which has returned to its value today. Deluxe's dividend yield last year was 2.44%, which has since grown by 2.95%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.Click here to find details on Deluxe's previous dividends.See more from Benzinga * Click here for options trades from Benzinga * Ex-Dividend Date Insight: Eaton Vance Tax Advgd Gbl * Ex-Dividend Date Insight: Eaton Vance Tax-Managed(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Joining me on today's call is Barry McCarthy, our President and Chief Executive Officer; Keith Bush, our Chief Financial Officer; and Heather Davis, our new Head of Investor Relations. At the end of today's prepared remarks, we will take questions.