Put High-Yield Paychex, Inc. On Your Watchlist

Key Points

Paychex outperformed expectations, but the response was muted due to a need for more.
The dividend is safe and yields 2.7%.
Guidance is positive but may not spark a rally until later in the year.
5 stocks we like better than Paychex

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About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Automatic Data Processing (ADP)	4.4082 of 5 stars	$243.01	+0.2%	2.30%	27.12	Hold	$255.42
Cintas (CTAS)	4.0676 of 5 stars	$699.32	+0.5%	0.77%	48.30	Moderate Buy	$664.07
Paychex (PAYX)	3.9276 of 5 stars	$122.67	+0.6%	3.20%	26.73	Reduce	$123.00