PAYX PA

PAYX Paychex, Inc.

Technology · Software - Application

6 · Fair Momentum 6.0 · Neutral Watch 5y streak

112.61

+2.96%

About the company

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services. The company also provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services. In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; administrative services organization HR outsourcing solutions; solutions to payroll and non-payroll customers; retirement and funding solutions; and insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. Additionally, it offers payroll, HR, employee benefits administration, retirement, insurance, risk management outsourcing, and access to professionally trained HR representatives, virtually and on-site. It markets and sells its solutions primarily through its direct sales force. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

4.23% forward
94.44%
5.09% 5.73 USD
4.76
40.1B
22.34
5.04
103.41

52-week range

113
low 85.5 high 128
Yield Growth Momentum Safety Value Health

Dividend deep dive

Paychex, Inc. (PAYX), operating in the Software - Application industry within the Technology sector, currently offers a dividend yield of 4.16%. This yield is above its 5-year average of 2.86%, and also exceeds its 5-year high of 3.13% and 5-year low of 2.43%. The dividend safety status for Paychex is currently designated as "watch," indicating areas for investor scrutiny. The company maintains a market capitalization of $37.82 billion.

Dividend history

Paychex, Inc. has maintained a dividend increase streak of 5 years, classifying it as a CCC Challenger tier company. The dividend has demonstrated robust growth, with a 3-year Compound Annual Growth Rate (CAGR) of 10.99% and a 5-year CAGR of 11.74%. Annual dividends per share have progressed from $1.46 in 2014 to $3.56 in 2023. Projections for 2024 stand at $3.92, increasing to $4.32 in 2025. The company distributes dividends quarterly.

Dividend safety

The dividend safety for Paychex, Inc. is currently under a "watch" status. The company's payout ratio of 97.34% indicates that a significant portion of its earnings is allocated to dividend payments.

Quantic · Free

Read the rest of the safety verdict

Plus the key risks and what to watch next — free, no card.

AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

158 123 87.3 2021 2022 2023 2024 2025 2026 2020-11 · 93.2 2020-12 · 93.2 2021-01 · 87.3 2021-02 · 91.1 2021-03 · 98.0 2021-04 · 97.5 2021-05 · 101 2021-06 · 107 2021-07 · 114 2021-08 · 114 2021-09 · 112 2021-10 · 123 2021-11 · 119 2021-12 · 137 2022-01 · 118 2022-02 · 119 2022-03 · 136 2022-04 · 127 2022-05 · 124 2022-06 · 114 2022-07 · 128 2022-08 · 123 2022-09 · 112 2022-10 · 118 2022-11 · 124 2022-12 · 116 2023-01 · 116 2023-02 · 110 2023-03 · 115 2023-04 · 110 2023-05 · 105 2023-06 · 112 2023-07 · 125 2023-08 · 122 2023-09 · 115 2023-10 · 111 2023-11 · 122 2023-12 · 119 2024-01 · 122 2024-02 · 123 2024-03 · 123 2024-04 · 119 2024-05 · 120 2024-06 · 119 2024-07 · 128 2024-08 · 131 2024-09 · 134 2024-10 · 139 2024-11 · 146 2024-12 · 140 2025-01 · 148 2025-02 · 152 2025-03 · 154 2025-04 · 147 2025-05 · 158 2025-06 · 145 2025-07 · 144 2025-08 · 139 2025-09 · 127 2025-10 · 117 2025-11 · 112 2025-12 · 112 2026-01 · 103 2026-02 · 93.7 2026-03 · 92.1 2026-04 · 92.6 2026-05 · 97.0 2026-06 · 98.3 2026-07 · 117 2026-08 · 127 2026-09 · 98.5 2026-10 · 108
Price

Dividend profile

Frequency
Quarterly
Growth (TTM)
+39.1%
CAGR 3y
+11.0%
+11.7%
5 years

(5-year)

Now 4.2%
2.4% avg 2.9% 3.1%

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

The cash usually arrives later, sometimes a month or more after.

Dividend history

CAGR 3y +11.0% CAGR 5y +11.7% 5y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

Quantic · Free

Unlock valuation & strategy

Two DDM fair values, margin of safety, sector value rank, Dividend Yield Theory, doubling time and max drawdown.

Debt & leverage

124.7%
1.28
0.52
Debt vs cash
Debt Cash
Total debt
4.6B USD
Total cash
934.2M USD
3.1B USD

Latest reported balance-sheet figures.

Held by 10 investors · watched by 2

Appears in these lists

PAYX qualifies for these curated dividend rankings.

Information, not financial advice.

Quantic · Free

Track PAYX and your whole portfolio

Real yield, dividend safety, net-of-tax income and your path to freedom — free, no broker connection.

€0

Need more? Pro adds portfolios, options income tracking & more AI. See Pro →