Paycom Software's latest cash dividend of $0.375 per share was issued to shareholders on record before Aug 26, 2024. The dividend distribution stands at $1.5 per share annually, which comes to a dividend yield of 0.9%.
Paycom Software's dividend yield of 0.9% is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 1.54%, Paycom Software's dividend yield is 42% lower.
Our records show that PAYC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 100% since twelve months ago. And with the price of the stock down by 30% from a year ago, the dividend yield has increased by 188%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 26, 2024 | $0.375 | 0.91% |
May 24, 2024 | $0.375 | 0.88% |
Mar 1, 2024 | $0.375 | 0.81% |
Nov 24, 2023 | $0.375 | 0.63% |
Aug 25, 2023 | $0.375 | 0.26% |
May 26, 2023 | $0.375 | 0.13% |
Paycom Software's payout ratio of 18.1% is below the Technology sector and the industry average. Compared to its Technology sector average of 41.3%, Paycom Software's payout ratio is 56% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PAYX Paychex Inc | 2.64% | $3.74 | 79.2% |
SSNC SS&C Technologies Holdings Inc | 1.37% | $0.97 | 34.3% |
ORCL Oracle Corp | 0.91% | $1.6 | 40.1% |
PAYC Paycom Software Inc | 0.86% | $1.5 | 18.1% |
Paycom Software has issued four dividends in the last twelve months.
Paycom Software's last regular dividend was on Aug 26, 2024 (ex-date) with the amount of $0.375 per share.
On an annual basis PAYC pays $1.5 per share.
Currently Paycom Software's dividend yield is 0.9%.
Paycom Software pays dividends quarterly.
The dividend payout ratio of Paycom Software is 18.1%.
Paycom Software's dividend yield is less than the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.