DeluxeDLX +2.84%68 Dividend Payout Ratio is 0.29 as of Mar. 2026, which is 7% above its 10-year median of 0.27. GuruFocus rates DLX with a GF Score™ of 68/100 and a GF Value™ of $18.38 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 307 Conglomerates companies, Deluxe ranks better than 63.19% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Deluxe's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.29.
The historical rank and industry rank for Deluxe's Dividend Payout Ratio or its related term are showing as below:
DLX'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 0.89
Current: 0.3
During the past 13 years, the highest Dividend Payout Ratio of Deluxe was 0.89. The lowest was 0.17. And the median was 0.27.
DLX's Dividend Payout Ratio is ranked better than 63.19% of 307
companies
in the Conglomerates industry
Industry Median: 0.37
vs DLX: 0.30
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Deluxe was 19.10% per year. The lowest was -14.50% per year. And the median was 0.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Deluxe (NYSE:DLX) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Deluxe Dividend Payout Ratio Related Terms
Deluxe Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Deluxe's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DLX vs AIAI, CODI, TTI: Dividend Payout Ratio Comparison
For the Conglomerates subindustry, Deluxe's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deluxe Dividend Payout Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Deluxe's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Deluxe's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Deluxe's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Deluxe (DLX) has a Dividend Payout Ratio of 0.29 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Deluxe and its competitors. This is near median its historical median of 0.27. Over the past decade, Deluxe's Dividend Payout Ratio has ranged from 0.17 to 0.89. According to the industry distribution chart, Deluxe ranks #113 out of 307 companies in the Conglomerates industry, placing it in the top 36.8%.
Is Deluxe's Dividend Payout Ratio too high?
Deluxe's current Dividend Payout Ratio of 0.29 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.89. The Conglomerates industry median Dividend Payout Ratio is 0.37. Deluxe's value of 0.29 is 21.6% below this industry median. Based on the distribution chart, Deluxe ranks #113 out of 307 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Deluxe has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deluxe's Dividend Payout Ratio compare to AIAI and CODI?
According to the Conglomerates industry distribution chart, Deluxe ranks #113 out of 307 companies for Dividend Payout Ratio. This puts Deluxe in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Deluxe's value of 0.29 is 21.6% below this benchmark. Historically, Deluxe's own Dividend Payout Ratio has ranged from 0.17 to 0.89 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.37, Deluxe has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.37, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deluxe's current Dividend Payout Ratio of 0.29 is 21.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Deluxe and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deluxe's current Dividend Payout Ratio is 0.29, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deluxe stock overvalued right now?
Based on GuruFocus' analysis, Deluxe (DLX) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.38, compared to a current price of $23.93 — trading 30.2% above its estimated fair value. The current Dividend Payout Ratio is 0.29, which is near median its 10-year median of 0.27 and 21.6% below the Conglomerates industry median of 0.37. Deluxe's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Deluxe (DLX), the current Dividend Payout Ratio is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Deluxe (DLX) Overvalued in 2026?
Based on GuruFocus' analysis, Deluxe stock appears to be overvalued.
The current stock price of $23.93 is trading 30.2% above its estimated GF Value™ of $18.38.
GuruFocus considers Deluxe to be Modestly Overvalued.
Key valuation signals for DLX:
Dividend Payout Ratio: 0.29 (near median its 10-year median of 0.27)
GF Value™: $18.38 vs. price of $23.93 (30.2% above fair value)
Industry Position: 21.6% below the Conglomerates median (#113 of 307)
No single metric tells the full story. See the DLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deluxe Corp is principally a payments and data company. Its reportable segments are: Merchant Services, B2B Payments, Data Solutions, and Print. Maximum revenue is derived from its Print segment, which provides printed personal and business checks, business essentials, as well as branded promotional, print, apparel, and digital storefront solutions. The Merchant Services segment provides electronic credit and debit card authorization, payment systems, and processing services. The B2B segment offers treasury management solutions, integrated accounts payable disbursements, and fraud and security services, and the Data Solutions segment offers data, analytics, and marketing services, as well as financial institution profitability reporting and business incorporation services.
68GF Score
Get the complete analysis for DLX
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DLX has been successfully added to your 
