Paychex Dividends and Buybacks
Dividend criteria checks 5/6
Paychex is a dividend paying company with a current yield of 2.81% that is well covered by earnings.
Key information
2.8%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$3.920 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Paychex: Payrolling In Profits, But Valuation Could Use A Check
Dec 20With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case
Dec 13
There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price
Nov 19Capital 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 27Stability 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) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Professional Services) | 1.6% |
| Analyst forecast (PAYX) (up to 3 years) | 3.1% |
Notable Dividend: PAYX's dividend (2.81%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PAYX's dividend (2.81%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), PAYX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.9%), PAYX's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paychex, Inc. is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Mark Marcon | Baird |
| Ishan Majumdar | Baptista Research |