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PAYX| Paychex

Dividend Contender (16 yrs)

Industrials•Human Resource & Employment Services•USD Currency

Dividend Yield
4.58%
Forward annual yield
Growth Streak
16 Years
Consecutive increases
Annual Payout
$4.76
USD per share
Payout Ratio
90.1%
High payout
5Y Growth (CAGR)
+11.2%
5-Year dividend CAGR
Ex-Dividend Date
2026-07-28
Next / Recent ex-date

Paychex (PAYX) pays an annualized forward dividend of $4.76 per share in USD, representing a forward yield of 4.58%.

With a dividend payout ratio of 90.1%, the company has compounded its dividend payout at an annualized rate of +11.2% over the past 5 years.

Historical Dividend Payouts(PAYX)

Recent cash distributions, declared payout dates, and distribution track record.

Ex-Date:2026-07-28
Ex-Dividend DateTypeCash AmountScheduleChange vs Prior
2026-07-28Regular Cash$1.1900Quarterly—
2026-05-13Regular Cash$1.1900Quarterly+10.2%
2026-01-28Regular Cash$1.0800Quarterly—
2025-11-07Regular Cash$1.0800Quarterly—
2025-07-21Regular Cash$1.0800Quarterly—
2025-05-12Regular Cash$1.0800Quarterly+10.2%
2025-02-07Regular Cash$0.9800Quarterly—
2024-11-07Regular Cash$0.9800Quarterly—

Dividend Reinvestment (DRIP) Calculator

Simulate compound dividend reinvestment returns with PAYX.

Initial Investment$10,000
Monthly Contribution$250/mo
Starting Dividend Yield4.58%
Annual Dividend Growth (CAGR)6.0%
Annual Share Price Growth5.0%
Investment Horizon15 Years
Portfolio Value
$175,912
Annual Dividend
$15,515/yr
Monthly Income
$1,293/mo
Capital BreakdownYear 15 Projection
Contributions: $55,000
Dividends & Growth: +$120,912
YearBalanceAnnual DividendMonthly Cash Flow
Year 5$34,701+$1,654+$138/mo
Year 10$80,064+$5,287+$441/mo
Year 15$175,912+$15,515+$1,293/mo

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Frequently Asked Questions about Paychex (PAYX)

How many consecutive years has Paychex (PAYX) increased its dividend?

Paychex (PAYX) has increased its annual dividend payout for 16 consecutive years, placing it in the Dividend Contender tier.

What is Paychex's current dividend yield and payout?

As of recent market updates, Paychex offers a forward dividend yield of 4.58% with an estimated annual payout of $4.76 per share in USD.

What is Paychex's dividend payout ratio and is it sustainable?

Paychex has an estimated dividend payout ratio of 90.1%. A payout ratio above 80% is common in capital-intensive sectors or REITs where distributions are funded by Funds From Operations (FFO) rather than GAAP earnings.

When is the next or most recent ex-dividend date for PAYX?

The recorded ex-dividend date for Paychex (PAYX) is 2026-07-28. Investors must purchase or hold shares before this date to receive the upcoming distribution.

Is Paychex (PAYX) a Dividend Aristocrat or King?

With a 16-year streak, Paychex is classified as a Dividend Contender, working toward Aristocrat status (25+ years).

How does dividend reinvestment (DRIP) work for PAYX?

A Dividend Reinvestment Plan (DRIP) allows you to automatically reinvest cash dividends from Paychex into additional shares or fractional shares, compounding your investment value over time.