Paychex Dividend
Dividend criteria checks 5/6
Paychex is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
77%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €4.61 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (PAYX) | 3.0% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.9% |
Industry Average (Professional Services) | 2.4% |
Analyst forecast in 3 Years (PAYX) | 3.4% |
Notable Dividend: PAYX's dividend (3%) is higher than the bottom 25% of dividend payers in the Austrian market (1.91%).
High Dividend: PAYX's dividend (3%) is low compared to the top 25% of dividend payers in the Austrian market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.3%), PAYX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.7%), PAYX's dividend payments are covered by cash flows.