Paychex Dividends and Buybacks
Dividend criteria checks 5/6
Paychex is a dividend paying company with a current yield of 2.7% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
2.7%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -2.0% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | US$3.920 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price
Nov 19
Capital Investment Trends At Paychex (NASDAQ:PAYX) Look Strong
Oct 14Paychex Q1: Did Not Put Me Over The Fence
Oct 02Is Paychex, Inc. (NASDAQ:PAYX) Potentially Undervalued?
Sep 21Paychex: Steady But Unspectacular Returns Likely
Sep 12Does Paychex (NASDAQ:PAYX) Deserve A Spot On Your Watchlist?
Aug 27Paychex: A Reliable Buy For Growing Dividend Checks Now
Aug 21Paychex, Inc. (NASDAQ:PAYX) Shares Could Be 33% Below Their Intrinsic Value Estimate
Aug 15Here's What Paychex's (NASDAQ:PAYX) Strong Returns On Capital Mean
Jul 11Paychex: A Model Of Consistency
Jul 07Paychex, Inc. (NASDAQ:PAYX) Annual Results: Here's What Analysts Are Forecasting For This Year
Jun 28Paychex: Uncertainties Ahead Are Keeping Me On The Sidelines
Jun 21Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?
Jun 03Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98
May 04Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today
Apr 28Paychex: Scoop Up This Dividend Growth Stock Now
Apr 10Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 04Paychex (NASDAQ:PAYX) Might Become A Compounding Machine
Apr 02Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?
Mar 21Paychex: A Wonderful Business, But Waiting For A Better Entry Point
Mar 21Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?
Feb 14Paychex: A Dividend Grower Priced At A Discount
Feb 12Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected
Jan 21Paychex, Inc.: Cash Generating Machine Trading At Cheap Valuation
Jan 17Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future
Dec 27Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors
Dec 15An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued
Oct 20Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future
Sep 26With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case
Sep 13At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?
Aug 30Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)
Jul 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAYX's dividends per share have been stable in the past 10 years.
Growing Dividend: PAYX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Paychex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PAYX) | 2.7% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Professional Services) | 1.5% |
| Analyst forecast (PAYX) (up to 3 years) | 3.0% |
Notable Dividend: PAYX's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: PAYX's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.3%), PAYX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.6%), PAYX's dividend payments are covered by cash flows.