Deluxe Corp. (NYSE: DLX) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.

The dividend will be payable on March 1, 2021, to stockholders of record on February 16, 2021, with an ex-dividend date of February 12, 2021.

The annual yield on the dividend is 3.2 percent.

“Our One Deluxe strategy, including our new go-to-market approach, delivered record sales success in 2020, exceeding our pre-pandemic plan and positioning Deluxe to drive further growth in 2021 and beyond. Our team continues to successfully execute on this historic transformation, with our newly created Payments business unit delivering double-digit growth for the full year. We also strengthened our financial position by reducing net debt to the lowest level in two-and-a-half years, while achieving our full year target margin percentage. Through the course of the year, we continued to pay our regular quarterly dividend, demonstrating our confidence in the business and commitment to returning value to our shareholders,” said Barry McCarthy, President and CEO of Deluxe.

“Given our disciplined stewardship, financial strength, sales-driven performance and rebounding core revenue expectations, we are confident in our future and look forward to steady improvement in 2021,” said McCarthy.

For a dividend history and other dividend-related data on Deluxe Corp. (DLX) click here.