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NASDAQ:PAYX

Paychex - PAYX Dividend Yield, Date & History

$110.29

+0.59 (+0.54%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $109.08
▼
$110.71
50-Day Range: $107.00
▼
$120.60
52-Week Range: $105.66
▼
$141.92

Volume: 1.89 million shs
Average Volume: 1.73 million shs
Market Capitalization: $39.76 billion

P/E Ratio: 27.23
Dividend Yield: 2.87%
Price Target: $123.69

Institutional Ownership

Dividend Yield: 2.87%
Annual Dividend: $3.16
Dividend Increase Track Record: 12 Years
Annualized 3-Year Dividend Growth: 7.78%
Dividend Payout Ratio: 78.02%
Recent Dividend Payment: Feb. 23

PAYX Dividend Payments

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PAYX Dividend Yield Over Time

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Paychex vs. The Competition

Type	Paychex	Business Companies	NASDAQ Companies
Annual Dividend	$3.16	$7.64	$1.20
Dividend Yield	2.87%	4.89%	4.46%
Annualized 3-Year Dividend Growth	7.78%	9.59%	15.17%
Track Record	12 years	10 years	6 years

Paychex Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	78.02%
Based on This Year's Estimates	74.35%
Based on Next Year's Estimates	69.00%
Based on Cashflow	62.12%

Paychex Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
1/20/2023	quarterly	$0.79	2.74%	2/8/2023	2/9/2023	2/23/2023
10/13/2022	quarterly	$0.79	2.93%	11/8/2022	11/9/2022	11/23/2022
7/14/2022	quarterly	$0.79	2.81%	8/10/2022	8/11/2022	8/25/2022
4/29/2022	quarterly	$0.79	2.39%	5/11/2022	5/12/2022	5/26/2022
1/14/2022	quarterly	$0.66	2.12%	1/28/2022	1/31/2022	2/24/2022
10/14/2021	quarterly	$0.66	2.22%	10/29/2021	11/1/2021	11/29/2021

7/8/2021	quarterly	$0.66	2.4%	7/30/2021	8/2/2021	8/26/2021
4/30/2021	quarterly	$0.66	2.7%	5/11/2021	5/12/2021	5/27/2021
1/22/2021	quarterly	$0.62	2.84%	1/29/2021	2/1/2021	2/25/2021
10/15/2020	quarterly	$0.62	2.98%	10/30/2020	11/2/2020	11/24/2020
7/9/2020	quarterly	$0.62	3.41%	7/31/2020	8/3/2020	8/27/2020
5/1/2020	quarterly	$0.62	3.74%	5/14/2020	5/15/2020	5/28/2020
1/17/2020	quarterly	$0.62	2.81%	1/31/2020	2/3/2020	2/20/2020
10/17/2019	quarterly	$0.62	2.93%	10/31/2019	11/1/2019	11/21/2019
7/11/2019	quarterly	$0.62	2.9%	7/31/2019	8/1/2019	8/22/2019
5/3/2019	quarterly	$0.62	3%	5/14/2019	5/15/2019	5/30/2019
1/18/2019	Quarterly	$0.56	3.2%	1/31/2019	2/1/2019	2/15/2019
10/11/2018	quarterly	$0.56	3.22%	10/31/2018	11/1/2018	11/15/2018
7/12/2018	quarterly	$0.56	3.22%	7/31/2018	8/1/2018	8/23/2018
4/27/2018	quarterly	$0.56	3.69%	5/8/2018	5/9/2018	5/24/2018
1/19/2018	quarterly	$0.50	3.25%	1/31/2018	2/1/2018	2/15/2018
10/11/2017	quarterly	$0.50	3.15%	10/31/2017	11/1/2017	11/15/2017
7/13/2017	quarterly	$0.50	3.5%	7/28/2017	8/1/2017	8/24/2017
4/28/2017	quarterly	$0.46	3.11%	5/8/2017	5/10/2017	5/25/2017
1/13/2017	quarterly	$0.46	3.02%	1/30/2017	2/1/2017	2/15/2017
10/12/2016	quarterly	$0.46	3.28%	10/28/2016	11/1/2016	11/22/2016
7/7/2016	quarterly	$0.46	3.04%	7/28/2016	8/1/2016	8/25/2016
4/29/2016	quarterly	$0.42	3.19%	5/5/2016	5/9/2016	5/23/2016
1/15/2016	quarterly	$0.42	3.54%	1/28/2016	2/1/2016	2/16/2016
10/14/2015	quarterly	$0.42	3.37%	10/29/2015	11/2/2015	11/19/2015
7/9/2015	quarterly	$0.42	3.54%	7/30/2015	8/3/2015	8/20/2015
5/1/2015	quarterly	$0.38	3.08%	5/7/2015	5/11/2015	5/21/2015
1/16/2015	quarterly	$0.38	3.2%	1/29/2015	2/2/2015	2/17/2015
10/15/2014	quarterly	$0.38	3.53%	10/30/2014	11/3/2014	11/20/2014
7/10/2014	quarterly	$0.38	3.63%	7/30/2014	8/1/2014	8/15/2014
5/2/2014	quarterly	$0.35	3.37%	5/8/2014	5/12/2014	5/23/2014
1/17/2014	quarterly	$0.35	3.2%	1/30/2014	2/3/2014	2/17/2014
10/16/2013	quarterly	$0.35	3.4%	10/30/2013	11/1/2013	11/15/2013
7/11/2013	quarterly	$0.35	3.6%	7/30/2013	8/1/2013	8/15/2013
12/10/2012	quarterly	$0.33	7.79%	12/18/2012	12/20/2012	12/28/2012

(Data available from 1/1/2013 forward)

Paychex Dividend - Frequently Asked Questions

What is Paychex's dividend yield?: The current dividend yield for Paychex is 2.87%. Learn more on PAYX's dividend yield history.
How much is Paychex's annual dividend?: The annual dividend for PAYX shares is $3.16. Learn more on PAYX's annual dividend history.
How often does Paychex pay dividends?: Paychex pays quarterly dividends to shareholders.
When was Paychex's most recent dividend payment?: Paychex's most recent quarterly dividend payment of $0.79 per share was made to shareholders on Thursday, February 23, 2023.
When was Paychex's most recent ex-dividend date?: Paychex's most recent ex-dividend date was Wednesday, February 8, 2023.

Is Paychex's dividend growing?: Over the past three years, the company's dividend has grown by an average of 7.78% per year.
What track record does Paychex have of raising its dividend?: Paychex has increased its dividend for the past 12 consecutive years.
When did Paychex last increase or decrease its dividend?: The most recent change in the company's dividend was an increase of $0.13 on Friday, April 29, 2022.
What is Paychex's dividend payout ratio?: The dividend payout ratio for PAYX is:
78.02% based on the trailing year of earnings

74.35% based on this year's estimates

69.00% based on next year's estimates

62.12% based on cash flow

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This page (NASDAQ:PAYX) was last updated on 3/22/2023 by MarketBeat.com Staff

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Paychex - PAYX Dividend Yield, Date & History

PAYX Dividend Payments

PAYX Dividend Yield Over Time

Paychex vs. The Competition

Paychex Dividend Payout Ratio

Paychex Dividend History by Quarter

Paychex Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat

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Paychex - PAYX Dividend Yield, Date & History

Dividend Summary

PAYX Dividend Payments

PAYX Dividend Yield Over Time

Paychex vs. The Competition

Paychex Dividend Payout Ratio

Paychex Dividend History by Quarter

Paychex Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat