Paychex, Inc. (PAYX) Dividend Yield, History & Forecast

Paychex, Inc. (PAYX) is a Staffing & Employment Services company in the Industrials sector listed on the NASDAQ Global Select. It pays a current dividend yield of 3.90% ($4.54 per share annually (TTM)), with 12 years of consecutive dividend increases. The most recent ex-dividend date was July 28, 2026, with payment scheduled for August 28, 2026. The trailing twelve-month payout ratio is 90.3%; the market capitalization is approximately $41.19B. Review PAYX dividend history on this scorecard, compare peers in the Compare Dividend Returns tool, or project income with the dividend calculator.

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Frequently Asked Questions about Paychex, Inc. (PAYX)

What is Paychex, Inc.'s dividend yield?
Paychex, Inc. (PAYX) pays a current trailing twelve-month dividend yield of 3.90%, which works out to $4.54 per share annually based on the most recent payout schedule.
When does Paychex, Inc. pay its next dividend?
The most recent ex-dividend date was July 28, 2026. The next scheduled dividend payment date is August 28, 2026.
How many years has Paychex, Inc. increased its dividend?
Paychex, Inc. (PAYX) has increased its dividend for 12 consecutive years.
Is Paychex, Inc. a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Paychex, Inc. (PAYX) currently has 12 years of consecutive increases.
What sector is Paychex, Inc. in?
Paychex, Inc. (PAYX) operates in the Industrials sector, specifically the Staffing & Employment Services industry.
What is Paychex, Inc.'s dividend payout ratio?
Paychex, Inc. (PAYX)'s trailing twelve-month dividend payout ratio is 90.3%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.