Paycom Software's latest cash dividend of $0.375 per share was issued to shareholders on record before Nov 25, 2024. The dividend distribution stands at $1.5 per share annually, which comes to a dividend yield of 0.7%.
Paycom Software's dividend yield of 0.7% is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 1.59%, Paycom Software's dividend yield is 56% lower.
Paycom Software has been paying dividends for the last two years. Our records show that PAYC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 33% since twelve months ago. And with the price of the stock up by 17% from a year ago, the dividend yield has increased by 13%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 25, 2024 | $0.375 | 0.64% |
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 39.4%, Paycom Software's payout ratio is 54% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PAYX Paychex Inc | 2.64% | $3.92 | 82% |
SSNC SS&C Technologies Holdings Inc | 1.11% | $0.98 | 34.1% |
ORCL Oracle Corp | 0.95% | $1.6 | 38% |
PAYC Paycom Software Inc | 0.7% | $1.5 | 18.1% |
Yes, Paycom Software has paid four dividends in the last twelve months. PAYC has been paying dividends since 2023.
Paycom Software's last regular dividend was on Nov 25, 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 0.7%.
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.