Paychex, Inc.

Paychex, Inc.verified

PAYX

Price:

$144.46

Market Cap:

$51.99B

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementa...[Read more]

Industry

Staffing & Employment Services

IPO Date

1983-08-26

Stock Exchange

NASDAQ

Ticker

PAYX

The Dividend Yield as of November 2024 (TTM) for Paychex, Inc. (PAYX) is 2.65%

According to Paychex, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 2.65%. This represents a change of 251.41% compared to the average of 0.75% of the last 4 quarters.

Paychex, Inc. (PAYX) Historical Dividend Yield (quarterly & annually)

How has PAYX Dividend Yield performed in the past?

The mean historical Dividend Yield of Paychex, Inc. over the last ten years is 2.94%. The current 2.65% Dividend Yield has changed -9.95% with respect to the historical average. Over the past ten years (40 quarters), PAYX's Dividend Yield was at its highest in in the August 2015 quarter at 0.94%. The Dividend Yield was at its lowest in in the November 2021 quarter at 0.55%.

Quarterly (TTM)
Annual

Average

2.94%

Median

3.09%

Minimum

2.24%

Maximum

3.45%

Paychex, Inc. (PAYX) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Paychex, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 38.80%

Maximum Annual Dividend Yield = 3.45%

Minimum Annual Increase = -27.49%

Minimum Annual Dividend Yield = 2.24%

Quarterly (TTM)
Annual
YearDividend YieldChange
20243.04%-2.22%
20233.11%38.80%
20222.24%-10.46%
20212.50%-27.49%
20203.45%28.51%
20192.68%-14.60%
20183.14%1.10%
20173.11%0.21%
20163.10%0.77%
20153.08%-9.69%

Paychex, Inc. (PAYX) Average Dividend Yield

How has PAYX Dividend Yield performed in the past?

The current Dividend Yield of Paychex, Inc. (PAYX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.79%

5-year avg

2.87%

10-year avg

2.94%

Paychex, Inc. (PAYX) Dividend Yield vs. Peers

How is PAYX’s Dividend Yield compared to its peers?

Paychex, Inc.’s Dividend Yield is less than Robert Half International Inc. (2.13%), less than ManpowerGroup Inc. (4.82%), greater than Upwork Inc. (0%), less than Insperity, Inc. (3.08%), less than Korn Ferry (1.81%), less than Kforce Inc. (2.57%), less than Kelly Services, Inc. (2.08%), less than Heidrick & Struggles International, Inc. (1.29%), less than BGSF, Inc. (2.62%), greater than Hudson Global, Inc. (0%), greater than TrueBlue, Inc. (0%),

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