PAYX Paychex, Inc.
Technology · Software - Application
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.
52-week range
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.
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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Ex-dividend date The cut-off day: you must already own the stock before it to receive the next dividend. Buy on or after, and the seller keeps that payment. Learn more →
The cash usually arrives later, sometimes a month or more after.
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
Held by 10 investors · watched by 2
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