Paychex Inc. (PAYX) Dividends

Paychex Inc. (PAYX): $119.52

1.73 (+1.47%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

A

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 88.37% of other dividend-paying US stocks.
  • Regarding free cash flow variation: PAYX reports less variability in its cash flow than 96.59% of dividend stocks in our set.
  • In terms trailing twelve months of dividends issued, PAYX has returned $893,100,000 US dollars -- more than 87.23% of public US dividend stocks.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PAYX's price: SHSP, ZYXI, CAAS, BWL.A and UL.
PAYX Ex-Dividend Date
PAYX Dividend Yield
2.99%
PAYX Annual Dividend
$3.56
PAYX Payout Ratio

PAYX Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$119.52$85.75 -31.61%

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. Regarding Paychex Inc, the DDM model, as implemented by StockNews, implies a negative return of 31.61% relative to its current price. Digging deeper, the aspects of Paychex Inc's dividend discount model that we found most interesting were:

  • As for its position relative to other Industrials stocks that issue dividends, PAYX provides shareholders with a dividend yield greater than 73.04% such stocks.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, Paychex Inc's expected return of -31.61% is higher than 62.17% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, PAYX has a discount rate lower than 62.17% of them (a lower discount rate is associated with lower risk).
  • Beta tells us how volatile a stock's price is relative to the broader equity index; for Paychex Inc, its beta is lower than 31.07% of dividend issuing stocks we observed.


PAYX Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-02-12Dividend$0.89--
2023-11-13Dividend$0.89--
2023-08-09Dividend$0.89--
2023-05-10Dividend$0.89+12.66%
2023-02-08Dividend$0.79--
2022-11-08Dividend$0.79--
2022-08-10Dividend$0.79--
2022-05-11Dividend$0.79+19.70%
2022-01-28Dividend$0.66--
2021-10-29Dividend$0.66--
2021-07-30Dividend$0.66--
2021-05-11Dividend$0.66+6.45%
2021-01-29Dividend$0.62--
2020-10-30Dividend$0.62--
2020-07-31Dividend$0.62--
2020-05-14Dividend$0.62--
2020-01-31Dividend$0.62--
2019-10-31Dividend$0.62--
2019-07-31Dividend$0.62--
2019-05-14Dividend$0.62+10.71%
2019-01-31Dividend$0.56--
2018-10-31Dividend$0.56--
2018-07-31Dividend$0.56--
2018-05-08Dividend$0.56+12.00%
2018-01-31Dividend$0.50--
2017-07-28Dividend$0.50+8.70%
2017-05-08Dividend$0.46--
2017-01-30Dividend$0.46--
2016-10-28Dividend$0.46--
2016-07-28Dividend$0.46+9.52%
2016-05-05Dividend$0.42--
2016-01-28Dividend$0.42--
2015-10-29Dividend$0.42--
2015-07-30Dividend$0.42+10.53%
2015-05-07Dividend$0.38--
2015-01-29Dividend$0.38--
2014-10-30Dividend$0.38--
2014-07-30Dividend$0.38+8.57%
2014-05-08Dividend$0.35--
2014-01-30Dividend$0.35--
2013-10-30Dividend$0.35--
2013-07-30Dividend$0.35-46.97%
2012-12-18Dividend$0.66+100.00%
2012-10-31Dividend$0.33+3.13%
2012-07-30Dividend$0.32--
2012-05-04Dividend$0.32--
2012-01-30Dividend$0.32--
2011-10-28Dividend$0.32+3.23%
2011-07-28Dividend$0.31--
2011-04-28Dividend$0.31--
2011-01-28Dividend$0.31--
2010-10-28Dividend$0.31--
2010-07-29Dividend$0.31--
2010-04-29Dividend$0.31--
2010-01-28Dividend$0.31--
2009-10-29Dividend$0.31--
2009-07-30Dividend$0.31--
2009-04-29Dividend$0.31--
2009-01-28Dividend$0.31--
2008-10-29Dividend$0.31--
2008-07-30Dividend$0.31+3.33%
2008-04-29Dividend$0.30--
2008-01-30Dividend$0.30--
2007-10-30Dividend$0.30--
2007-07-30Dividend$0.30+42.86%
2007-04-27Dividend$0.21--
2007-01-30Dividend$0.21--
2006-10-30Dividend$0.21+31.25%
2006-07-28Dividend$0.16--
2006-04-27Dividend$0.16--
2006-01-30Dividend$0.16--
2005-10-28Dividend$0.16+23.08%
2005-07-28Dividend$0.13--
2005-04-28Dividend$0.13--
2005-01-28Dividend$0.13--
2004-10-28Dividend$0.13+8.33%
2004-07-29Dividend$0.12--
2004-04-29Dividend$0.12--
2004-01-29Dividend$0.12--
2003-10-30Dividend$0.12+9.09%
2003-07-30Dividend$0.11--
2003-04-29Dividend$0.11--
2003-01-30Dividend$0.11--
2002-10-30Dividend$0.11--
2002-07-30Dividend$0.11--
2002-04-29Dividend$0.11--
2002-01-30Dividend$0.11--
2001-10-30Dividend$0.11+22.22%
2001-07-30Dividend$0.09--
2001-04-27Dividend$0.09--
2001-01-30Dividend$0.09--
2000-10-30Dividend$0.09+50.00%
2000-07-28Dividend$0.06+100.00%
2000-05-23Split3-2-for-1 Stock SplitN/A
2000-04-27Dividend$0.09--
2000-01-28Dividend$0.09--
1999-10-28Dividend$0.09+50.00%
1999-07-29Dividend$0.06+100.00%
1999-05-24Split3-2-for-1 Stock SplitN/A
1999-04-29Dividend$0.09--
1999-01-28Dividend$0.09--
1998-10-29Dividend$0.09+50.00%
1998-07-30Dividend$0.06+100.00%
1998-05-26Split3-2-for-1 Stock SplitN/A
1998-04-29Dividend$0.09--
1998-01-29Dividend$0.09--
1997-10-23Dividend$0.09+50.00%
1997-07-29Dividend$0.06+100.00%
1997-05-30Split3-2-for-1 Stock SplitN/A
1997-04-29Dividend$0.09--
1997-01-28Dividend$0.09--
1996-10-24Dividend$0.09+50.00%
1996-07-30Dividend$0.06+100.00%
1996-05-24Split3-2-for-1 Stock SplitN/A
1996-04-23Dividend$0.09--
1996-01-30Dividend$0.09--
1995-10-25Dividend$0.09+50.00%
1995-07-31Dividend$0.06-33.33%
1995-04-21Dividend$0.09--
1995-01-26Dividend$0.09--
1994-10-24Dividend$0.09+50.00%
1994-07-27Dividend$0.06--
1994-04-25Dividend$0.06--
1994-01-26Dividend$0.06--
1993-10-22Dividend$0.06--
1993-07-20Dividend$0.06--
1993-04-23Dividend$0.06--
1993-01-22Dividend$0.06--
1992-10-19Dividend$0.06+50.00%
1992-07-21Dividend$0.04-33.33%
1992-04-16Dividend$0.06--
1992-01-29Dividend$0.06--
1991-10-21Dividend$0.06+20.00%
1991-07-22Dividend$0.05--
1991-04-22Dividend$0.05--
1991-01-25Dividend$0.05--
1990-10-22Dividend$0.05+25.00%
1990-07-23Dividend$0.04--
1990-04-23Dividend$0.04--
1990-01-30Dividend$0.04--
1989-10-23Dividend$0.04+33.33%
1989-07-24Dividend$0.03--
1989-04-24Dividend$0.03--
1989-01-24Dividend$0.03--
1988-11-04Dividend$0.03--


PAYX Dividends vs. Peers

PAYX's dividend yield currently ranks #52 of 77 vs. its peers in the Outsourcing - Business Services category.
Rank Symbol Name Dividend Yield
1 VSEC VSE Corporation 0.00%
2 NEWT Newtek Business Services Corp. 0.00%
3 BCO Brinks Company (The) 0.00%
4 MG Mistras Group Inc 0.00%
5 TIRX TIAN RUIXIANG Holdings Ltd 0.00%
6 VVI Viad Corp 0.00%
7 DLX Deluxe Corporation 0.00%
8 BZLFY Bunzl plc 0.00%
9 EDGW Edgewater Technology, Inc. 0.00%
10 MAXR Maxar Technologies Inc. 0.00%
11 LKSD LSC Communications, Inc. 0.00%
12 PRGX PRGX Global, Inc. 0.00%
13 SGC Superior Group of Companies, Inc. 0.00%
14 HHS Harte-Hanks, Inc. 0.00%
15 ALJJ ALJ Regional Holdings, Inc. 0.00%
16 IFJPY Informa plc 0.00%
17 SERV ServiceMaster Global Holdings, Inc. 0.00%
18 WLDN Willdan Group, Inc. 0.00%
19 MMS Maximus, Inc. 0.00%
20 MAGS Magal Security Systems Ltd. - Ordinary Shares 0.00%
21 CNDT Conduent Incorporated 0.00%
22 BV BrightView Holdings, Inc. 0.00%
23 TNET TriNet Group, Inc. 0.00%
24 IKTSY Intertek Group PLC ADR 0.00%
25 NSP Insperity, Inc. 0.00%
26 INTX Intersections, Inc. 0.00%
27 INVE Identiv, Inc. 0.00%
28 INWK InnerWorkings, Inc. 0.00%
29 EXPGY Experian PLC ADR 0.00%
30 MDCA MDC Partners Inc. - Class A Subordinate Voting Shares 0.00%
31 G Genpact Limited 0.00%
32 CTAS Cintas Corp. 0.00%
33 IDI Tiger Media Inc 0.00%
34 FPAY FlexShopper, Inc. 0.00%
35 QUAD Quad Graphics, Inc 0.00%
36 EXLS ExlService Holdings, Inc. 0.00%
37 CRD.A Crawford & Company 0.00%
38 CRD.B Crawford & Company 0.00%
39 FTEO FRONTEO, Inc. 0.00%
40 EJH E-Home Household Service Holdings Ltd 0.00%
41 ARC ARC Document Solutions, Inc. 0.00%
42 GSOL Global Sources Ltd. 0.00%
43 ASFI Asta Funding, Inc. 0.00%
44 SRT StarTek, Inc. 0.00%
45 SP SP Plus Corporation 0.00%
46 SPCB SuperCom Ltd. 0.00%
47 ARMK Aramark 0.00%
48 GFSZY G4S plc 0.00%
49 TDCX TDCX Inc. 0.00%
50 RENX RELX N.V. American Depositary Shares (Each representing One Ordinary Share) 0.00%
51 HCSG Healthcare Services Group, Inc. 0.00%
52 PAYX Paychex Inc. 0.00%
53 ATTO Atento S.A. Ordinary Shares 0.00%
54 CVEO Civeo Corp. 0.00%
55 STN Stantec Inc 0.00%
56 CVG Convergys Corporation 0.00%
57 UNF Unifirst Corporation 0.00%
58 ABCO The Advisory Board Company 0.00%
59 STB Student Transportation Inc - Common shares 0.00%
60 PCO Pendrell Corporation - 0.00%
61 ABM ABM Industries Incorporated 0.00%
62 LABL Multi-Color Corporation 0.00%
63 ACTG Acacia Research Corporation 0.00%
64 RPXC RPX Corporation 0.00%
65 MGIH Millennium Group International Holdings Ltd. 0.00%
66 RRD R.R. Donnelley & Sons Company 0.00%
67 ROL Rollins Inc. 0.00%
68 CBZ CBIZ, Inc. 0.00%
69 VCIG VCI Global Ltd. 0.00%
70 VEC Vectrus, Inc. 0.00%
71 TCJH Top KingWin Ltd. 0.00%
72 PFMT Performant Financial Corporation 0.00%
73 ADP Automatic Data Processing, Inc. 0.00%
74 RCM R1 RCM Inc. 0.00%
75 EVI EVI Industries, Inc. 0.00%
76 CSRA CSRA Inc. 0.00%
77 NCIT NCI, Inc. - 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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