PAYX Paychex dividend history, payout ratio & dates
- Stocks
- Industrials
- NASDAQ: PAYX
- Dividend
Paychex's last dividend of $0.98 per share was on Feb 7, 2025 (ex-date). The annualized dividend payment of $3.92 per share represents a current dividend yield of 2.58%.
Key dates
- PAYX last dividend date: Feb 7, 2025
PAYX dividend stats
vs. Industrials sector
Dividend yield
Paychex's dividend yield of 2.58% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.58%, Paychex's dividend yield is 63% 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 three dividends in the last twelve months. The annualized DPS marks an increase of 7% since one year ago. But with the stock price up by 24% from a year ago, the dividend yield marks a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
Paychex's payout ratio of 81.2% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 35.2%, Paychex's payout ratio is 131% 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 | 3.64% | $2.4 | 140.4% |
| PAYX Paychex Inc | 2.58% | $3.92 | 81.2% |
| ADP Automatic Data Processing Inc | 1.91% | $5.88 | 60% |
| INTU Intuit Inc | 0.61% | $4.02 | 37.1% |
| EFX Equifax Inc | 0.58% | $1.56 | 31.6% |
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 Feb 7, 2025 (ex-date) with the amount of $0.98 per share.
How much dividend does Paychex pay (per share)?
PAYX has paid dividend of $3.92 per share in the last year.
What is Paychex's dividend yield?
Currently Paychex's dividend yield is 2.58%.
How often does Paychex pay dividends?
Paychex pays dividends quarterly.
What is Paychex's dividend payout ratio?
Paychex's dividend payout ratio is 81.2%.
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.