Paychex's last dividend of $1.19 per share was on Jul 28, 2026 (ex-date). The annualized dividend payment of $4.54 per share represents a current dividend yield of 3.89%.
Paychex's dividend yield of 3.89% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.5%, Paychex's dividend yield is 159% higher. Historically PAYX's dividend yield has averaged at 3.1% in the last 5 years, which is lower than the current one.
Paychex has a history of paying dividends since 1994. Our records of PAYX show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 11% since one year ago. But with the stock price down by 16% from a year ago, the dividend yield marks an increase of 6%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 28, 2026 | $1.19 | 3.82% |
| May 13, 2026 | $1.19 | 4.93% |
| Jan 28, 2026 | $1.08 | 5.17% |
| Nov 7, 2025 | $1.08 | 3.77% |
| Jul 21, 2025 | $1.08 | 3.57% |
| May 12, 2025 | $1.08 | 2.65% |
| Feb 7, 2025 | $0.98 | 2.67% |
| Nov 7, 2024 | $0.98 | 2.61% |
| Aug 8, 2024 | $0.98 | 3.01% |
| May 9, 2024 | $0.98 | 3.01% |
| Feb 12, 2024 | $0.89 | 2.92% |
| Nov 13, 2023 | $0.89 | 3.02% |
| Aug 9, 2023 | $0.89 | 2.71% |
| May 10, 2023 | $0.89 | 3% |
| Feb 8, 2023 | $0.79 | 2.75% |
| Nov 8, 2022 | $0.79 | 2.59% |
| Aug 10, 2022 | $0.79 | 2.18% |
| May 11, 2022 | $0.79 | 2.34% |
| Jan 28, 2022 | $0.66 | 2.29% |
| Oct 29, 2021 | $0.66 | 2.11% |
| Jul 30, 2021 | $0.66 | 2.25% |
| May 11, 2021 | $0.66 | 2.54% |
| Jan 29, 2021 | $0.62 | 2.84% |
| Oct 30, 2020 | $0.62 | 3.02% |
| Jul 31, 2020 | $0.62 | 3.45% |
| May 14, 2020 | $0.62 | 3.93% |
| Jan 31, 2020 | $0.62 | 2.89% |
| Oct 31, 2019 | $0.62 | 2.89% |
| Jul 31, 2019 | $0.62 | 2.84% |
| May 14, 2019 | $0.62 | 2.73% |
| Jan 31, 2019 | $0.56 | 3.16% |
| Oct 31, 2018 | $0.56 | 3.33% |
| Jul 31, 2018 | $0.56 | 3.07% |
| May 8, 2018 | $0.56 | 3.34% |
| Jan 31, 2018 | $0.5 | 2.87% |
| Oct 31, 2017 | $0.5 | 3.01% |
| Jul 28, 2017 | $0.5 | 3.25% |
| May 8, 2017 | $0.46 | 3.17% |
| Jan 30, 2017 | $0.46 | 2.96% |
| Oct 28, 2016 | $0.46 | 3.2% |
| Jul 28, 2016 | $0.46 | 2.91% |
| May 5, 2016 | $0.42 | 3.28% |
| Jan 28, 2016 | $0.42 | 3.53% |
| Oct 29, 2015 | $0.42 | 3.09% |
| Jul 30, 2015 | $0.42 | 3.37% |
| May 7, 2015 | $0.38 | 3.11% |
| Jan 29, 2015 | $0.38 | 3.21% |
Paychex's payout ratio of 92.7% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 32.4%, Paychex's payout ratio is 186% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NSP Insperity Inc | 4.56% | $2.4 | N/A |
| PAYX Paychex Inc | 3.81% | $4.54 | 92.7% |
| ADP Automatic Data Processing Inc | 2.44% | $6.64 | 61.7% |
| INTU Intuit Inc | 1.47% | $4.8 | 29% |
| EFX Equifax Inc | 1.19% | $2.12 | 37% |
Yes, Paychex has been paying dividends for the last 33 years.
Paychex's last regular dividend was on Jul 28, 2026 (ex-date) with the amount of $1.19 per share.
PAYX has paid dividend of $4.54 per share in the last year.
Currently Paychex's dividend yield is 3.89%.
Paychex pays dividends quarterly.
Paychex's dividend payout ratio is 92.7%.
Paychex's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield.