Paychex, Inc. (PAYX) Dividends



Paychex, Inc. (PAYX)

Today's Latest Price: $89.32 USD

0.98 (1.11%)

Updated Jan 20 6:55pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 55 in Outsourcing - Business Services

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • Over the past 6 years of historical data, PAYX has returned more capital to shareholders through its dividend issuances than 89.3% of other dividend-paying US stocks.
  • Regarding free cash flow variation: PAYX reports less variability in its cash flow than 94.55% of dividend stocks in our set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PAYX's price: PCTI, NHTC, RFIL, NGVC and COLD.
PAYX Ex-Dividend Date
PAYX Dividend Yield
2.78%
PAYX Annual Dividend
$2.48
PAYX Payout Ratio

PAYX Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$89.32$68.66 -28.95%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for PAYX, the DDM model generated by StockNews estimates a return of negative 28.95% in comparison to its current price. Digging deeper, the aspects of Paychex Inc's dividend discount model that we found most interesting were:

  • In comparison to other stocks in the Industrials sector, Paychex Inc offers a higher dividend yield than 79.91% of them.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, Paychex Inc's expected return of -28.95% is higher than 72.15% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, Paychex Inc bears a discount rate, according to our calculations, lower than 72.15% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Paychex Inc's dividend growth rate is higher than 60.11% of stocks in its sector (Industrials).

PAYX Dividend Chart


PAYX Dividend History

Ex-Dividend Date Type Payout Amount Change
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PAYX Dividends vs. Peers

PAYX's dividend yield currently ranks #5 of 74 vs. its peers in the Outsourcing - Business Services category.
Rank Symbol Name Dividend Yield
1 MAGS Magal Security Systems Ltd. - Ordinary Shares 18.20%
2 NEWT Newtek Business Services Corp. 9.23%
3 STB Student Transportation Inc - Common shares 5.87%
4 DLX Deluxe Corporation 3.59%
5 PAYX Paychex, Inc. 2.78%
6 HCSG Healthcare Services Group, Inc. 2.64%
7 CRD.A Crawford & Company 2.56%
8 CRD.B Crawford & Company 2.55%
9 ADP Automatic Data Processing, Inc. 2.29%
10 ABM ABM Industries Incorporated 1.93%
11 NSP Insperity, Inc. 1.84%
12 CVG Convergys Corporation 1.84%
13 SGC Superior Group of Companies, Inc. 1.59%
14 MMS Maximus, Inc. 1.47%
15 STN Stantec Inc 1.37%
16 ITRN Ituran Location and Control Ltd. - Ordinary Shares 1.28%
17 RENX RELX N.V. American Depositary Shares (Each representing One Ordinary Share) 1.27%
18 ARMK Aramark 1.21%
19 BZLFY Bunzl plc 1.18%
20 CTAS Cintas Corporation 1.06%
21 IKTSY Intertek Group plc 1.03%
22 CSRA CSRA Inc. 0.97%
23 RPXC RPX Corporation 0.95%
24 G Genpact Limited 0.93%
25 VSEC VSE Corporation 0.90%
26 BCO Brinks Company (The) 0.82%
27 EXPGY Experian plc 0.72%
28 ROL Rollins, Inc. 0.56%
29 UNF Unifirst Corporation 0.45%
30 LABL Multi-Color Corporation 0.40%
31 MAXR Maxar Technologies Inc. 0.07%
32 LIVE Live Ventures Incorporated 0.00%
33 MG Mistras Group Inc 0.00%
34 VVI Viad Corp 0.00%
35 EDGW Edgewater Technology, Inc. 0.00%
36 LKSD LSC Communications, Inc. 0.00%
37 PRGX PRGX Global, Inc. 0.00%
38 NSSC NAPCO Security Technologies, Inc. 0.00%
39 HHS Harte-Hanks, Inc. 0.00%
40 ALJJ ALJ Regional Holdings, Inc. 0.00%
41 SERV ServiceMaster Global Holdings, Inc. 0.00%
42 WLDN Willdan Group, Inc. 0.00%
43 CNDT Conduent Incorporated 0.00%
44 BV BrightView Holdings, Inc. 0.00%
45 TNET TriNet Group, Inc. 0.00%
46 INTX Intersections, Inc. 0.00%
47 INVE Identiv, Inc. 0.00%
48 INWK InnerWorkings, Inc. 0.00%
49 MDCA MDC Partners Inc. - Class A Subordinate Voting Shares 0.00%
50 IDI Tiger Media Inc 0.00%
51 FPAY FlexShopper, Inc. 0.00%
52 QUAD Quad Graphics, Inc 0.00%
53 EXLS ExlService Holdings, Inc. 0.00%
54 FTEO FRONTEO, Inc. 0.00%
55 ARC ARC Document Solutions, Inc. 0.00%
56 GSOL Global Sources Ltd. 0.00%
57 ASFI Asta Funding, Inc. 0.00%
58 SRT StarTek, Inc. 0.00%
59 SP SP Plus Corporation 0.00%
60 GFSZY G4S plc 0.00%
61 ATTO Atento S.A. Ordinary Shares 0.00%
62 CVEO Civeo Corporation (Canada) Common Shares 0.00%
63 ABCO The Advisory Board Company 0.00%
64 PCO Pendrell Corporation - 0.00%
65 ACTG Acacia Research Corporation 0.00%
66 RRD R.R. Donnelley & Sons Company 0.00%
67 CBZ CBIZ, Inc. 0.00%
68 VEC Vectrus, Inc. 0.00%
69 PFMT Performant Financial Corporation 0.00%
70 RCM R1 RCM Inc. 0.00%
71 DSGX The Descartes Systems Group Inc. 0.00%
72 EVI EVI Industries, Inc. 0.00%
73 NCIT NCI, Inc. - 0.00%
74 IFJPY Informa plc 0.00%

Looking for More Information on PAYX dividends?

Want to do more research on Paychex Inc's dividends? Try the links below:

Paychex Inc Common Stock (PAYX) Dividend History | Nasdaq
Dividend History for Paychex Inc (PAYX) - Dividend Investor
Paychex Inc (PAYX) Dividend History - Seeking Alpha


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