Paychex Dividend
Dividend criteria checks 5/6
Paychex is a dividend paying company with a current yield of 2.99% that is well covered by earnings.
Key information
3.0%
Dividend yield
77%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.61 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Paychex: 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 04
Paychex (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 16Paychex (NASDAQ:PAYX) Will Want To Turn Around Its Return Trends
Jun 19Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors
Jun 07Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?
May 01Calculating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)
Apr 06Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture
Mar 13Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today
Feb 27Estimating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)
Jan 04Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture
Dec 10Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today
Nov 16Paychex declares $0.79 dividend
Oct 13Paychex Q1 2023 Earnings Preview
Sep 27Paychex, Inc.'s (NASDAQ:PAYX) Intrinsic Value Is Potentially 33% Above Its Share Price
Sep 26Paychex: Expensive Stock, But The Options Market And Chart Present A Bullish Opportunity
Sep 13Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$127?
Sep 12Paychex CEO Martin Mucci to retire
Aug 24With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case
Aug 18Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture
Aug 03Paychex declares $0.79 dividend
Jul 14Stability 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) | 3.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Professional Services) | 1.7% |
| Analyst forecast in 3 Years (PAYX) | 3.3% |
Notable Dividend: PAYX's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: PAYX's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (4.88%).
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.