Industry News, Printers News

Deluxe Corporation Increases Dividend by 20 Percent

Declared regular quarterly dividend of $0.30 per share on outstanding common stock

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Board of Directors of Deluxe Corporation declared a regular quarterly dividend of $0.30 per share on the company’s outstanding common stock. This is a $0.05 per share increase from the level paid quarterly since mid-2006.   “The dividend increase approved by the board is not only the result of the company’s strong operating performance but also reflects the confidence we have in our ability to grow earnings and cash flow over the long-term,” said Terry Peterson, Deluxe’s CFO “Our capital all...

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