Paychex's last dividend of $1.19 per share was on May 13, 2026 (ex-date). The annualized dividend payment of $4.43 per share represents a current dividend yield of 4.42%. The latest PAYX payout of $1.19 marks a dividend growth of 10%.
Paychex's dividend yield of 4.42% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.5%, Paychex's dividend yield is 195% higher. Historically PAYX's dividend yield has averaged at 3.0% 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 dividends in the last twelve months. The annualized DPS marks an increase of 10% since one year ago. And with the stock price down by 35% from a year ago, the dividend yield marks an increase of 69%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 97.4% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 32.7%, Paychex's payout ratio is 198% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NSP Insperity Inc | 6.44% | $2.4 | N/A |
| PAYX Paychex Inc | 4.54% | $4.43 | 97.4% |
| ADP Automatic Data Processing Inc | 3.04% | $6.64 | 61.7% |
| INTU Intuit Inc | 1.72% | $4.64 | 28% |
| EFX Equifax Inc | 1.37% | $2.12 | 37.1% |
Yes, Paychex has been paying dividends for the last 32 years.
Paychex's last regular dividend was on May 13, 2026 (ex-date) with the amount of $1.19 per share.
PAYX has paid dividend of $4.43 per share in the last year.
Currently Paychex's dividend yield is 4.42%.
Paychex pays dividends quarterly.
Paychex's dividend payout ratio is 97.4%.
Paychex's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield.