Paychex Inc (PAYX)
Paychex Inc (PAYX) is a provider of payroll, human resource, and benefits outsourcing services for small to medium-sized businesses. Founded in 1971 and headquartered in Rochester, New York, the company offers solutions including payroll processing, retirement services, insurance, and HR management, helping organizations manage their workforce efficiently.
Dividend History
Investors can expect a dividend payout of $1.08 per share, scheduled to be distributed in 35 days on November 26, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 26, 2025 | $1.08 | 2025-11-07 | 2025-11-07 |
| August 29, 2025 | $1.08 | 2025-07-21 | 2025-07-21 |
| May 29, 2025 | $1.08 | 2025-05-12 | 2025-05-12 |
| February 27, 2025 | $0.98 | 2025-02-07 | 2025-02-07 |
| November 27, 2024 | $0.98 | 2024-11-07 | 2024-11-07 |
Dividends Summary
- Paychex Inc has issued 90 dividend payments over the past 22 years
- The most recent dividend was paid 54 days ago, on August 29, 2025
- The highest dividend payed out to investors during this period was $1.08 per share
- The average dividend paid during this period was $0.46 per share.
Company News
Paychex reported Q1 fiscal results with 17% year-over-year revenue growth and slightly better-than-expected earnings. Despite maintaining revenue growth guidance, the stock experienced a modest decline due to steady rather than accelerating sales projections.
The US Department of Labor's new overtime rule, effective July 1, 2025, requires businesses to track daily work hours for newly reclassified salaried employees, leading to increased demand for time tracking software solutions.
This article discusses three companies that recently raised their dividends. Two of them, Chesapeake Utilities Corporation and RTX Corp, are recommended as buying opportunities, while Paychex Inc is suggested to be avoided for now due to its high valuation.
The article covers various mergers and acquisitions, including Onsemi's terminated acquisition of Allegro Microsystems, Paychex's acquisition of Paycor HCM, and Lyft's purchase of a taxi app. It also discusses the bankruptcy of a Burger King franchisee and an investigation into 23andMe's data practices.
The article discusses whether investors should buy stock in Automatic Data Processing (ADP) and Paychex (PAYX), two prominent payroll processors, after the latest jobs report showed a strong but slightly slowing recovery in the US job market. The article analyzes the growth trajectories and valuations of these companies, noting that their stock p...
