PAYX Paychex dividend history, payout ratio & dates
Paychex's last dividend of $0.98 per share was on Nov 7, 2024 (ex-date). The annualized dividend payment of $3.83 per share represents a current dividend yield of 2.63%.
Key dates
- PAYX last dividend date: Nov 7, 2024
PAYX dividend stats
vs. Industrials sector
Dividend yield
Paychex's dividend yield of 2.63% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.4%, Paychex's dividend yield is 88% higher. Historically PAYX's dividend yield has averaged at 2.8% in the last 5 years, which is higher than the current one.
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 11% since one year ago. But with the stock price up by 19% from a year ago, the dividend yield marks a decrease of 7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
Paychex's payout ratio of 80.1% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 33.1%, Paychex's payout ratio is 142% higher.
Total amount of dividends paid per financial year (from cash flow)
PAYX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NSP Insperity Inc | 2.94% | $2.37 | 74.3% |
| PAYX Paychex Inc | 2.63% | $3.83 | 80.1% |
| ADP Automatic Data Processing Inc | 1.93% | $5.74 | 61.1% |
| INTU Intuit Inc | 0.64% | $3.88 | 37.2% |
| EFX Equifax Inc | 0.57% | $1.56 | 34.4% |
Frequently asked questions
Does Paychex pay a dividend?
Yes, Paychex has been paying dividends for the last 30 years.
When was PAYX's last dividend?
Paychex's last regular dividend was on Nov 7, 2024 (ex-date) with the amount of $0.98 per share.
How much dividend does Paychex pay (per share)?
PAYX has paid dividend of $3.83 per share in the last year.
What is Paychex's dividend yield?
Currently Paychex's dividend yield is 2.63%.
How often does Paychex pay dividends?
Paychex pays dividends quarterly.
What is Paychex's dividend payout ratio?
Paychex's dividend payout ratio is 80.1%.
Does Paychex pay a good dividend?
Paychex's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.