PAYX Dividend History & Analysis | 3.3% Yield

PAYX has a dividend yield of 3.3% and paid 4.54 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.31%
Payout Ratio 82.4%
Growth Rate CAGR 5y 11.8%
Consistency Lifetime 100%
Yield on Cost 5y 4.7%
Payout FCF 68.5%
Streak Years 5
Dividend Rating 71.3%
Chowder Number yield + growth 15.1% meets 12% target for healthy growth
Yield vs Average 5y +20.7% avg 2.74% vs now 3.31%
Debt / EBITDA leverage 1.2x healthy
Income per 10k invested 331 USD per year
Dividends Cash Amount per Share Yearly PAYX annual dividends paid per share, showing the total cash Paychex distributed to shareholders each year.
Dividend Growth Year over Year PAYX year-over-year dividend growth rate, showing how Paychex's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History PAYX dividend yield history versus share price over the past 5 years, showing how Paychex's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Human Resource & Employment Services

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
KFRC NYSE
Kforce		 983 M 4.89% 2.91%
PAYX NASDAQ
Paychex		 40,388 M 3.31% 4.65%
KFY NYSE
Korn Ferry		 3,968 M 3.05% 3.29%
ADP NASDAQ
Automatic Data Processing		 102,038 M 2.75% 3.55%
BBSI NASDAQ
Barrett Business		 970 M 0.96% 1.85%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
KFY NYSE
Korn Ferry		 3,968 M 48.44% 100.0%
ADP NASDAQ
Automatic Data Processing		 102,038 M 12.90% 100.0%
PAYX NASDAQ
Paychex		 40,388 M 11.76% 100.0%
KFRC NYSE
Kforce		 983 M 8.77% 100.0%
BBSI NASDAQ
Barrett Business		 970 M 2.13% 99.2%

PAYX Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 0.33% 40
Feb 0.41% 60
Mar - -
Apr - -
May 0.86% 100
Jun - -
Jul 0.27% 40
Aug 0.42% 60
Sep - -
Oct 0.11% 20
Nov 0.62% 80
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-28 2026-07-28 2026-08-28 Quarterly 1.19 0% N/A
2026-05-13 2026-05-13 2026-05-29 Quarterly 1.19 +10.2% 1.3%
2026-01-28 2026-01-28 2026-02-27 Quarterly 1.08 0% 1.05%
2025-11-07 2025-11-07 2025-11-26 Quarterly 1.08 0% 0.96%
2025-07-21 2025-07-21 2025-08-29 Quarterly 1.08 0% 0.76%
2025-05-12 2025-05-12 2025-05-29 Quarterly 1.08 +10.2% 0.71%
2025-02-07 2025-02-07 2025-02-27 Quarterly 0.98 0% 0.66%
2024-11-07 2024-11-07 2024-11-27 Quarterly 0.98 0% 0.67%
2024-08-08 2024-08-08 2024-08-29 Quarterly 0.98 0% 0.8%
2024-05-09 2024-05-10 2024-05-30 Quarterly 0.98 +10.1% 0.81%
2024-02-12 2024-02-13 2024-02-27 Quarterly 0.89 0% 0.73%
2023-11-13 2023-11-14 2023-11-28 Quarterly 0.89 0% 0.78%
2023-08-09 2023-08-10 2023-08-24 Quarterly 0.89 0% 0.73%
2023-05-10 2023-05-11 2023-05-25 Quarterly 0.89 +12.7% 0.83%
2023-02-08 2023-02-09 2023-02-23 Quarterly 0.79 0% 0.68%
2022-11-08 2022-11-09 2022-11-23 Quarterly 0.79 0% 0.69%
2022-08-10 2022-08-11 2022-08-25 Quarterly 0.79 0% 0.59%
2022-05-11 2022-05-12 2022-05-26 Quarterly 0.79 +19.7% 0.67%
2022-01-28 2022-01-31 2022-02-24 Quarterly 0.66 0% 0.6%
2021-10-29 2021-11-01 2021-11-29 Quarterly 0.66 0% 0.54%
2021-07-30 2021-08-02 2021-08-26 Quarterly 0.66 0% 0.59%

PAYX Dividend FAQ

What is the Dividend Yield of PAYX?

As of July 2026, PAYX's dividend yield is 3.31%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.54 USD by the current share price of 115.48.

Does PAYX pay a dividend?

As of July 2026, PAYX paid a dividend of 4.54 USD in the last 12 months. The last dividend was paid on 2026-07-28 and the payout was 1.19 USD.

How often does PAYX pay dividends?

PAYX pays dividends quarterly. Over the last 12 months, PAYX has issued 4 dividend payments. The last dividend payment was made on 2026-07-28.

PAYX dividend forecast

Based on historical data, the forecasted dividends per share for PAYX for the next payments are between 1.175 (-1.3%) and 1.296 (+8.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.24%.

Will PAYX pay dividends in 2026?

The latest dividend paid per share was 1.19 USD with an Ex-Dividend Date of 2026-07-28. The next Ex-Dividend date for Paychex (PAYX) is 2026-07-28.

What is the next Ex-Dividend Date for PAYX?

The next Ex-Dividend date for Paychex (PAYX) is 2026-07-28.

What is the Dividend Growth of PAYX?

PAYX's average dividend growth rate over the past 5 years is 11.8% per year. Strong growth: PAYX's dividend growth is outpacing inflation.

What is the Yield on Cost of PAYX?

PAYX's 5-Year Yield on Cost is 4.65%. If you bought PAYX's shares at 97.73 USD five years ago, your current annual dividend income (4.54 USD per share, trailing 12 months) equals 4.65% of your original purchase price.

What is the Payout Consistency of PAYX?

PAYX Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Paychex has a strong track record of consistent dividend payments over its lifetime.

Does PAYX have a good Dividend Yield?

PAYX's 3.31% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PAYX?

The Dividend Payout Ratio of PAYX is 82.4%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of PAYX?

PAYX's Overall Dividend Rating is 71.26%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PAYX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in PAYX's Outstanding Shares?

Paychex's outstanding shares have decreased by approximately 0.43% annually over the past 3 years (Trend Reliability: -66.1%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has PAYX ever had a Stock Split?

Yes, the last stock split was on May 23, 2000 with a ratio of 3:2. This was a forward split: Each share became 1.5 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 325,814,100 0%
1986 326,511,200 +0.21%
1987 329,239,900 +0.84%
1988 331,896,600 +0.81%
1989 332,883,100 +0.3%
1990 333,269,900 +0.12%
1991 334,698,700 +0.43%
1992 337,548,700 +0.85%
1993 339,160,400 +0.48%
1994 339,878,600 +0.21%
1995 346,155,000 +1.85%
1996 365,249,800 +5.52%
1997 366,843,600 +0.44%
1998 368,140,000 +0.35%
1999 370,705,500 +0.7%
2000 377,839,000 +1.92%
2001 377,614,000 -0.06%
2002 377,934,000 +0.08%
2003 379,649,000 +0.45%
2004 379,696,000 +0.01%
2005 381,256,000 +0.41%
2006 382,433,000 +0.31%
2007 371,404,000 -2.88%
2008 360,977,000 -2.81%
2009 361,700,000 +0.2%
2010 362,100,000 +0.11%
2011 362,800,000 +0.19%
2012 364,400,000 +0.44%
2013 366,400,000 +0.55%
2014 364,600,000 -0.49%
2015 362,300,000 -0.63%
2016 362,600,000 +0.08%
2017 361,400,000 -0.33%
2018 361,500,000 +0.03%
2019 360,600,000 -0.25%
2020 362,000,000 +0.39%
2021 363,100,000 +0.3%
2022 362,300,000 -0.22%
2023 362,100,000 -0.06%
2024 361,800,000 -0.08%
2025 361,100,000 -0.19%
2026 358,200,000 -0.8%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-21 02:38 UTC