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PAYX Paychex Inc Dividend

Paychex's last quarterly dividend of $0.66 per share was on Jul 30, 2021 (ex-date). The annualized dividend payment of $2.56 per share represents a current dividend yield of 2.15%.

PAYX next dividend date: Oct 29, 2021

PAYX
DPS
$2.56
Dividend yield
2.15%
Payout ratio
75.5%
Industrials sector
Dividend yield
1.62%
Payout ratio
37%

Dividend yield

Paychex's dividend yield of 2.15% is higher than the Industrials sector, the industry and its peers average.

Dividend history

Paychex has a history of paying dividends since 1995. Our records of PAYX show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.2% since one year ago. But with the stock price up by 42% from a year ago, the dividend yield marks a decrease of 27%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jul 8, 2021 Jul 30, 2021 Aug 26, 2021 $0.66 normal
Apr 30, 2021 May 11, 2021 May 27, 2021 $0.66 normal
Jan 22, 2021 Jan 29, 2021 Feb 25, 2021 $0.62 normal
Oct 15, 2020 Oct 30, 2020 Nov 24, 2020 $0.62 normal
Jul 9, 2020 Jul 31, 2020 Aug 27, 2020 $0.62 normal
May 1, 2020 May 14, 2020 May 28, 2020 $0.62 normal
Jan 17, 2020 Jan 31, 2020 Feb 20, 2020 $0.62 normal
Oct 17, 2019 Oct 31, 2019 Nov 21, 2019 $0.62 normal
Jul 11, 2019 Jul 31, 2019 Aug 22, 2019 $0.62 normal
May 3, 2019 May 14, 2019 May 30, 2019 $0.62 normal
Jan 18, 2019 Jan 31, 2019 Feb 15, 2019 $0.56 normal
Oct 10, 2018 Oct 31, 2018 Nov 15, 2018 $0.56 normal
Jul 11, 2018 Jul 31, 2018 Aug 23, 2018 $0.56 normal
Apr 27, 2018 May 8, 2018 May 24, 2018 $0.56 normal
Jan 19, 2018 Jan 31, 2018 Feb 15, 2018 $0.5 normal
Oct 11, 2017 Oct 31, 2017 Nov 15, 2017 $0.5 normal
Jul 13, 2017 Jul 28, 2017 Aug 24, 2017 $0.5 normal
Apr 27, 2017 May 8, 2017 May 25, 2017 $0.46 normal
Jan 12, 2017 Jan 30, 2017 Feb 15, 2017 $0.46 normal
Oct 12, 2016 Oct 28, 2016 Nov 22, 2016 $0.46 normal
Jul 7, 2016 Jul 28, 2016 Aug 25, 2016 $0.46 normal
Apr 29, 2016 May 5, 2016 May 23, 2016 $0.42 normal
Jan 14, 2016 Jan 28, 2016 Feb 16, 2016 $0.42 normal
Oct 13, 2015 Oct 29, 2015 Nov 19, 2015 $0.42 normal
Jul 9, 2015 Jul 30, 2015 Aug 20, 2015 $0.42 normal

Dividend payouts

Payout ratio

Paychex's payout ratio of 75.5% is above the Industrials sector, the industry and its peers average.

Total amount of dividends paid per year (from cash flow)