PAYX Paychex

  • STOCK
  • PAYX
  • Price as of: Dec 18, 05:48 PM EST
  • $47.75
  • +$0.57
  • +1.2%
  • Industry
  • Staffing & outsourcing services
Share

PAYX Stock Dividend Data

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  • Dividend Yield
    3.18% Services Average 2.41%
  • Annual Payout
    $1.52 Paid Quarterly
  • Payout Ratio
    82.2% EPS $1.85
  • Dividend Growth
    3 yrs Since 2011
  • Get PAYX DARS™ Rating
DARS Rating™ Breakdown

Dividend.com DARS Rating™ Breakdown for PAYX

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Metric PAYX Rank PAYX Avg Ranking Notes
Relative Strength Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock is performing in-line with the market or better.
Overall Yield Attractiveness Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock's dividend yield is above average.
Dividend Reliability Sign Up For Ticker Ranking Sign Up For Sector Ranking This rating is related to the length and consistency of a company's dividend payouts, as well as our opinion on how likely the company is to continue payouts in the future.
Dividend Uptrend Sign Up For Ticker Ranking Sign Up For Sector Ranking Dividend payouts are consistent, but increases small.
Earnings Growth Sign Up For Ticker Ranking Sign Up For Sector Ranking Earnings estimates are uptrending.
DARS Rating Sign Up For Ticker Ranking Sign Up For Sector Ranking Sign Up For DARS Ratings
Growth History

PAYX Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal More Dividend Growth History for PAYX -17.4% -64.1% 3 years
Reveal More Dividend Growth History for PAYX
Historical Annual Dividend Data & Growth

PAYX Historical Annual Dividend Data & Growth

Payout Amount Calendar Year Annual Growth
$0.7000 2013 -64.1%
$1.9500 2012 56.0%
Historical Dividend Data

PAYX Dividend History

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.3800 2014-10-15 2014-10-30 2014-11-03 2014-11-20 Yes Regular Quarter
$0.3800 2014-07-10 2014-07-30 2014-08-01 2014-08-15 Yes Regular Quarter
$0.3500 2014-05-01 2014-05-08 2014-05-12 2014-05-23 Yes Regular Quarter
$0.3500 2014-01-17 2014-01-30 2014-02-03 2014-02-17 Yes Regular Quarter
$0.3500 2013-10-16 2013-10-30 2013-11-01 2013-11-15 Yes Regular Quarter
$0.3500 2013-07-11 2013-07-30 2013-08-01 2013-08-15 Yes Regular Quarter
$0.6600 2012-12-10 2012-12-18 2012-12-20 2012-12-28 Yes Regular Quarter
$0.3300 2012-10-23 2012-10-31 2012-11-02 2012-11-15 Yes Regular Quarter
$0.3200 2012-07-12 2012-07-30 2012-08-01 2012-08-15 Yes Regular Quarter
$0.3200 2012-04-26 2012-05-04 2012-05-08 2012-05-15 Yes Regular Quarter
$0.3200 2012-01-06 2012-01-30 2012-02-01 2012-02-15 Yes Regular Quarter
$0.3200 2011-10-11 2011-10-28 2011-11-01 2011-11-15 Yes Regular Quarter
$0.3100 2011-07-07 2011-07-28 2011-08-01 2011-08-15 Yes Regular Quarter
$0.3100 2011-04-07 2011-04-28 2011-05-02 2011-05-16 Yes Regular Quarter
$0.3100 2011-01-07 2011-01-28 2011-02-01 2011-02-15 Yes Regular Quarter
$0.3100 2010-10-13 2010-10-28 2010-11-01 2010-11-15 Yes Regular Quarter
$0.3100 2010-07-07 2010-07-29 2010-08-02 2010-08-16 Yes Regular Quarter
$0.3100 2010-04-08 2010-04-29 2010-05-03 2010-05-17 Yes Regular Quarter
$0.3100 2010-01-08 2010-01-28 2010-02-01 2010-02-16 Yes Regular Quarter
$0.3100 2009-10-13 2009-10-29 2009-11-02 2009-11-16 Yes Regular Quarter
$0.3100 2009-07-08 2009-07-30 2009-08-03 2009-08-17 Yes Regular Quarter
$0.3100 2009-04-09 2009-04-29 2009-05-01 2009-05-15 Yes Regular Quarter
$0.3100 2009-01-09 2009-01-28 2009-02-01 2009-02-16 Yes Regular Quarter
$0.3100 2008-10-07 2008-10-29 2008-11-01 2008-11-15 Yes Regular Quarter
$0.3100 2008-07-09 2008-07-30 2008-08-01 2008-08-15 Yes Regular Quarter
$0.3000 2008-04-10 2008-04-29 2008-05-01 2008-05-15 Yes Regular Quarter
$0.3000 2008-01-11 2008-01-30 2008-02-01 2008-02-15 Yes Regular Quarter
$0.3000 2007-10-03 2007-10-30 2007-11-01 2007-11-15 Yes Regular Quarter
$0.3000 2007-07-12 2007-07-30 2007-08-01 2007-08-15 Yes Regular Quarter
$0.2100 2007-04-12 2007-04-27 2007-05-01 2007-05-15 Yes Regular Quarter
$0.2100 2007-01-19 2007-01-30 2007-02-01 2007-02-15 Yes Regular Quarter
$0.2100 2006-10-05 2006-10-30 2006-11-01 2006-11-15 Yes Regular Quarter
$0.1600 2006-07-13 2006-07-28 2006-08-01 2006-08-15 Yes Regular Quarter
$0.1600 2006-04-13 2006-04-27 2006-05-01 2006-05-15 Yes Regular Quarter
$0.1600 2006-01-13 2006-01-30 2006-02-01 2006-02-15 Yes Regular Quarter
$0.1600 2005-10-12 2005-10-28 2005-11-01 2005-11-15 Yes Regular Quarter
$0.1300 2005-07-07 2005-07-28 2005-08-01 2005-08-15 Yes Regular Quarter
$0.1300 2005-04-08 2005-04-28 2005-05-02 2005-05-16 Yes Regular Quarter
$0.1300 2005-01-14 2005-01-28 2005-02-01 2005-02-15 Yes Regular Quarter
$0.1300 2004-10-06 2004-10-28 2004-11-01 2004-11-15 Yes Regular Quarter
$0.1200 2004-07-08 2004-07-29 2004-08-02 2004-08-16 Yes Regular Quarter
$0.1200 2004-04-08 2004-04-29 2004-05-03 2004-05-17 Yes Regular Quarter
$0.1200 2004-01-09 2004-01-29 2004-02-02 2004-02-16 Yes Regular Quarter
$0.1200 2003-10-02 2003-10-30 2003-11-03 2003-11-17 Yes Regular Quarter
$0.1100 2003-07-10 2003-07-30 2003-08-01 2003-08-15 Yes Regular Quarter
$0.1100 2003-04-10 2003-04-29 2003-05-01 2003-05-15 Yes Regular Quarter
$0.1100 2003-01-10 2003-01-30 2003-02-03 2003-02-17 Yes Regular Quarter
$0.1100 2002-10-17 2002-10-30 2002-11-01 2002-11-15 Unknown Regular Quarter
$0.1100 2002-07-11 2002-07-30 2002-08-01 2002-08-15 Unknown Regular Quarter
$0.1100 2002-04-11 2002-04-29 2002-05-01 2002-05-15 Unknown Regular Quarter
$0.1100 2002-01-11 2002-01-30 2002-02-01 2002-02-15 Unknown Regular Quarter
$0.1100 2001-10-11 2001-10-30 2001-11-01 2001-11-15 Unknown Regular Quarter
$0.0900 2001-07-12 2001-07-30 2001-08-01 2001-08-15 Unknown Regular Quarter
$0.0900 2001-04-12 2001-04-27 2001-05-01 2001-05-15 Unknown Regular Quarter
$0.0900 2001-01-12 2001-01-30 2001-02-01 2001-02-15 Unknown Regular Quarter
$0.0900 2000-10-10 2000-10-30 2000-11-01 2000-11-15 Unknown Regular Quarter
$0.0600 2000-07-13 2000-07-28 2000-08-01 2000-08-15 Unknown Regular Quarter
3-for-2 2000-04-13 2000-05-23 2000-05-12 2000-05-22 NM Stock Split NM
$0.0600 2000-04-13 2000-04-27 2000-05-01 2000-05-15 Unknown Regular Quarter
$0.0600 2000-01-13 2000-01-28 2000-02-01 2000-02-15 Unknown Regular Quarter
$0.0600 1999-10-07 1999-10-28 1999-11-01 1999-11-15 Unknown Regular Quarter
$0.0267 1999-07-08 1999-07-29 1999-08-02 1999-08-16 Unknown Regular Quarter
3-for-2 1999-04-08 1999-05-24 1999-05-13 1999-05-21 NM Stock Split NM
$0.0400 1999-04-08 1999-04-29 1999-05-03 1999-05-17 Unknown Regular Quarter
$0.0400 1999-01-07 1999-01-28 1999-02-01 1999-02-15 Unknown Regular Quarter
$0.0267 1998-10-01 1998-10-29 1998-11-02 1998-11-16 Unknown Regular Quarter
$0.0178 1998-07-09 1998-07-30 1998-08-03 1998-08-17 Unknown Regular Quarter
3-for-2 1998-04-09 1998-05-26 1998-05-08 1998-05-22 NM Stock Split NM
$0.0267 1998-04-09 1998-04-29 1998-05-01 1998-05-15 Unknown Regular Quarter
$0.0178 1998-01-08 1998-01-29 1998-02-02 1998-02-16 Unknown Regular Quarter
$0.0178 1997-10-02 1997-10-23 1997-10-27 1997-11-24 Unknown Regular Quarter
$0.0119 1997-07-10 1997-07-29 1997-07-31 1997-08-21 Unknown Regular Quarter
3-for-2 1997-04-10 1997-05-30 1997-05-08 1997-05-29 NM Stock Split NM
$0.0119 1997-04-10 1997-04-29 1997-05-01 1997-05-22 Unknown Regular Quarter
$0.0119 1997-01-09 1997-01-28 1997-01-30 1997-02-20 Unknown Regular Quarter
$0.0119 1996-10-03 1996-10-24 1996-10-28 1996-11-25 Unknown Regular Quarter
$0.0053 1996-07-12 1996-07-30 1996-08-01 1996-08-22 Unknown Regular Quarter
3-for-2 1996-04-11 1996-05-24 1996-05-02 1996-05-23 NM Stock Split NM
$0.0079 1996-04-11 1996-04-23 1996-04-25 1996-05-16 Unknown Regular Quarter
$0.0079 1996-01-11 1996-01-30 1996-02-01 1996-02-22 Unknown Regular Quarter
$0.0079 1995-10-05 1995-10-25 1995-10-27 1995-11-22 Unknown Regular Quarter
$0.0053 1995-07-13 1995-07-31 1995-08-02 1995-08-24 Unknown Regular Quarter
3-for-2 1995-04-13 1995-05-26 1995-05-02 1995-05-25 NM Stock Split NM
$0.0079 1995-04-13 1995-04-21 1995-04-27 1995-05-18 Unknown Regular Quarter
$0.0053 1995-01-12 1995-01-26 1995-02-01 1995-02-23 Unknown Regular Quarter
$0.0053 1994-10-06 1994-10-24 1994-10-28 1994-11-22 Unknown Regular Quarter
$0.0035 1994-07-14 1994-07-27 1994-08-02 1994-08-24 Unknown Regular Quarter
$0.0035 1994-04-14 1994-04-25 1994-04-29 1994-05-25 Unknown Regular Quarter
$0.0035 1994-01-13 1994-01-26 1994-02-01 1994-02-23 Unknown Regular Quarter
$0.0035 1993-10-08 1993-10-22 1993-10-28 1993-11-22 Unknown Regular Quarter
3-for-2 1993-07-08 1993-08-27 1993-08-02 1993-08-26 NM Stock Split NM
$0.0035 1993-07-08 1993-07-20 1993-07-26 1993-08-19 Unknown Regular Quarter
$0.0035 1993-04-08 1993-04-23 1993-04-29 1993-05-25 Unknown Regular Quarter
$0.0035 1993-01-05 1993-01-22 1993-01-28 1993-02-23 Unknown Regular Quarter
Company Profile

PAYX Company Profile

Exchange: NASDAQ
Sector: Services

Paychex (PAYX) is a provider of payroll, human resource, and benefits outsourcing solutions for small and medium-sized businesses. The company was founded in 1971 and is headquartered in Rochester, New York. As of May 31, 2014, PAYX serviced approximately 580,000 clients. Paychex is largely impacted by changes in government regulation and policy. As well, Paychex is affected by its third-party service providers and their ability to perform. Paychex has been paying dividends since 1993, and last cut its dividend in 2013. Paychex pays its dividends quarterly.

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News

Paychex News

  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before the opening bell on Wednesday, some big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Markets pulled back after worries over one of Portugal's top banks infected trading around the world. As earnings season begins to kick off, we...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Deutsche Bank Raises Paychex Price Target (PAYX)

    Deutsche Bank announced on Wednesday that it has raised its price target on Paychex (PAYX) from $35.00 to $39.00. The company also maintained its "Hold" rating on the payroll provider. According to Deutsche Bank analysts, Paychex's  better-than-expected Q1 earnings results were the primary reason for the raised price target. For Q1, Paychex reported revenues of $607.9 million and net income of $162.8 million, or 44 cents per diluted share. Commenting on the higher price target and the company's results, Deutsche Bank noted "PAYX blamed weak payroll revenues to one less processing day and remains optimistic about ramp-up in 2H14 given positive sales momentum manifested in increased presentations. The traditionally high dividend yield is down to 3.5% and with a high payout ratio, we believe there is limited room for a dividend increase. However, potential upside from an improving interest rate env., small business formation, and healthcare reform, provides support (although will take time to show in the model)." Paychex shares slipped 0.1% during Wednesday's session. Year-to-date, the stock is up 25.53%.

    The Bottom Line

    Shares of Paychex (PAYX) currently yield 3.51% based on Wednesday's closing price of $39.94 and its annual payout of $1.40. Paychex (PAYX)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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  • Paychex Posts Higher Q1 Revenue; Beats Estimates (PAYX)

    After the bell on Monday, Paychex (PAYX) announced its fiscal first quarter earnings, and posted an increase in revenues and EPS from last year's same quarter. The Penfield, NY-based payroll outsourcing company announced total Q1 revenue of $607.9 million, which was up from last year's figure of $578.2 million. The company posted net income of $162.8 million, or 44 cents per diluted share, compared to last year's net income of $153.1 million, or 42 cents EPS. The company beat both EPS and revenue expectations, as analysts were expecting the company to report EPS of 43 cents on revenues of $605.56 million. Looking forward, Paychex reiterated its full year guidance, and still expects revenue to grow between 5% and 6%, and sees net income growing between 8% and 9%. PAYX shares were up 29 cents, or 0.72%, at market close on Monday, but were down slightly in after-hours trading. YTD, the company's stock is up more than 26%.

    The Bottom Line

    Shares of Paychex (PAYX)  have a yield of 3.5% based on Monday's closing price of $40.64 and the annualized payout of $1.40. Paychex (PAYX)   is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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  • Paychex Raises Dividend 6.1% (PAYX)

    Payroll provider Paychex, Inc. (PAYX) announced on Thursday that it has raised its dividend by 6.1%. PAYX said its board authorized an increase to its quarterly dividend from 33 cents to 35 cents per share, or $1.40 on an annualized basis. The new dividend will be paid on August 15 to shareholders of record on August 1. The stock will go ex-dividend on July 30. Martin Mucci, CEO of PAYX noted, “As we begin a new fiscal year, we expect to see solid growth as a result of our employees’ performance in sales and service delivery, as well as our product and technology enhancements. This, combined with our financial strength, enables us to invest in promising opportunities, our employees, and expand the returns we deliver to our shareholders." Paychex shares were mostly flat during premarket trading Thursday. The stock is up 24% year-to-date. The Bottom Line Shares of Paychex, Inc. (PAYX) have a 3.64% yield, based on Wednesday's closing price of $38.48. Paychex, Inc. (PAYX) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
    Expand to read the full story