Paychex, Inc. Dividends | Yield & Payout

For Paychex, Inc. (PAYX), the latest fiscal-year data shows a dividend yield of 2.55% and a payout ratio of 87.40%. Together, these metrics help you judge how much earnings are returned as dividends and whether the payout looks supported. Review the FY summary and payout history tables below to see the trend over time.

Dividend Performance Chart

Dividend Summary (FY)

38 years
Metric (FY)20252024202320222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991199019891988
Dividends per share (FY)$4.22$3.83$3.46$3.03$2.60$2.48$2.42$2.18$1.92$1.76$1.60$1.46$0.70$1.95$1.25$1.24$1.24$1.22$1.02$0.69$0.55$0.49$0.45$0.44$0.38$0.33$0.33$0.33$0.33$0.33$0.33$0.27$0.24$0.22$0.21$0.17$0.13$0.03
Dividend yield (FY) %2.55%3.04%3.11%2.24%2.50%3.45%2.68%3.14%3.11%3.10%3.08%3.41%3.52%4.24%3.84%4.40%4.36%3.47%1.96%1.66%1.77%1.23%1.44%1.21%0.86%0.63%0.78%0.59%0.60%0.50%0.75%0.69%0.55%0.60%0.83%0.98%0.39%0.00%
Payout ratio (FY) %87.40%77.81%75.45%71.77%82.80%80.99%79.93%79.22%81.04%80.14%81.76%81.37%83.78%84.03%87.09%94.04%83.92%76.74%58.46%49.81%52.32%58.56%56.38%57.36%48.30%42.94%38.89%35.13%32.05%28.68%25.38%23.49%22.00%21.90%26.04%23.26%12.42%0.00%

Dividend Payout History

100 payments
Pay DateEx-DateRecord DateAmount
2025-11-26November 07, 252025-11-07$1.08
2025-08-29July 21, 252025-07-21$1.08
2025-05-29May 12, 252025-05-12$1.08
2025-02-27February 07, 252025-02-07$0.98
2024-11-27November 07, 242024-11-07$0.98
2024-08-29August 08, 242024-08-08$0.98
2024-05-30May 09, 242024-05-10$0.98
2024-02-27February 12, 242024-02-13$0.89
2023-11-28November 13, 232023-11-14$0.89
2023-08-24August 09, 232023-08-10$0.89
2023-05-25May 10, 232023-05-11$0.89
2023-02-23February 08, 232023-02-09$0.79
2022-11-23November 08, 222022-11-09$0.79
2022-08-25August 10, 222022-08-11$0.79
2022-05-26May 11, 222022-05-12$0.79
2022-02-24January 28, 222022-01-31$0.66
2021-11-29October 29, 212021-11-01$0.66
2021-08-26July 30, 212021-08-02$0.66
2021-05-27May 11, 212021-05-12$0.66
2021-02-25January 29, 212021-02-01$0.62
2020-11-24October 30, 202020-11-02$0.62
2020-08-27July 31, 202020-08-03$0.62
2020-05-28May 14, 202020-05-15$0.62
2020-02-20January 31, 202020-02-03$0.62
2019-11-21October 31, 192019-11-01$0.62
2019-08-22July 31, 192019-08-01$0.62
2019-05-30May 14, 192019-05-15$0.62
2019-02-15January 31, 192019-02-01$0.56
2018-11-15October 31, 182018-11-01$0.56
2018-08-23July 31, 182018-08-01$0.56
2018-05-24May 08, 182018-05-09$0.56
2018-02-15January 31, 182018-02-01$0.50
2017-11-15October 31, 172017-11-01$0.50
2017-08-24July 28, 172017-08-01$0.50
2017-05-25May 08, 172017-05-10$0.46
2017-02-15January 30, 172017-02-01$0.46
2016-11-22October 28, 162016-11-01$0.46
2016-08-25July 28, 162016-08-01$0.46
2016-05-23May 05, 162016-05-09$0.42
2016-02-16January 28, 162016-02-01$0.42
2015-11-19October 29, 152015-11-02$0.42
2015-08-20July 30, 152015-08-03$0.42
2015-05-21May 07, 152015-05-11$0.38
2015-02-17January 29, 152015-02-02$0.38
2014-11-20October 30, 142014-11-03$0.38
2014-08-15July 30, 142014-08-01$0.38
2014-05-23May 08, 142014-05-12$0.35
2014-02-17January 30, 142014-02-03$0.35
2013-11-15October 30, 132013-11-01$0.35
2013-08-15July 30, 132013-08-01$0.35
2012-12-28December 18, 122012-12-20$0.66
2012-11-15October 31, 122012-11-02$0.33
2012-08-15July 30, 122012-08-01$0.32
2012-05-15May 04, 122012-05-08$0.32
2012-02-15January 30, 122012-02-01$0.32
2011-11-15October 28, 112011-11-01$0.32
2011-08-15July 28, 112011-08-01$0.31
2011-05-16April 28, 112011-05-02$0.31
2011-02-15January 28, 112011-02-01$0.31
2010-11-15October 28, 102010-11-01$0.31
2010-08-16July 29, 102010-08-02$0.31
2010-05-17April 29, 102010-05-03$0.31
2010-02-16January 28, 102010-02-01$0.31
2009-11-16October 29, 092009-11-02$0.31
2009-08-17July 30, 092009-08-03$0.31
2009-05-15April 29, 092009-05-01$0.31
2009-02-16January 28, 092009-02-01$0.31
2008-11-15October 29, 082008-11-01$0.31
2008-08-15July 30, 082008-08-01$0.31
2008-05-15April 29, 082008-05-01$0.30
2008-02-15January 30, 082008-02-01$0.30
2007-11-15October 30, 072007-11-01$0.30
2007-08-15July 30, 072007-08-01$0.30
2007-05-15April 27, 072007-05-01$0.21
2007-02-15January 30, 072007-02-01$0.21
2006-11-15October 30, 062006-11-01$0.21
2006-08-15July 28, 062006-08-01$0.16
2006-05-15April 27, 062006-05-01$0.16
2006-02-15January 30, 062006-02-01$0.16
2005-11-15October 28, 052005-11-01$0.16
2005-08-15July 28, 052005-08-01$0.13
2005-05-16April 28, 052005-05-02$0.13
2005-02-15January 28, 052005-02-01$0.13
2004-11-15October 28, 042004-11-01$0.13
2004-08-16July 29, 042004-08-02$0.12
2004-05-17April 29, 042004-05-03$0.12
2004-02-16January 29, 042004-02-02$0.12
2003-11-17October 30, 032003-11-03$0.12
2003-08-15July 30, 032003-08-01$0.11
2003-05-15April 29, 032003-05-01$0.11
2003-02-17January 30, 032003-02-03$0.11
2002-11-15October 30, 022002-11-01$0.11
2002-08-15July 30, 022002-08-01$0.11
2002-05-15April 29, 022002-05-01$0.11
2002-02-15January 30, 022002-02-01$0.11
2001-11-15October 30, 012001-11-01$0.11
2001-08-15July 30, 012001-08-01$0.09
2001-05-15April 27, 012001-05-01$0.09
2001-02-15January 30, 012001-02-01$0.09
2000-11-15October 30, 002000-11-01$0.09

Frequently Asked Questions

What is Paychex, Inc.'s current dividend yield and payout ratio?

The dividend yield shows how much Paychex, Inc. returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Paychex, Inc.'s dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Paychex, Inc., investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Paychex, Inc. a high-yield stock compared to its industry peers?

Comparing Paychex, Inc.'s dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Paychex, Inc. maintain its dividend during market downturns?

Analyzing Paychex, Inc.'s liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Paychex, Inc. dividends as part of my long-term investment strategy?

Investors often include Paychex, Inc. dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.