DIVIDEND ANNOUNCEMENT: Paychex Inc (NASDAQ:PAYX) on 10/17/2019 declared a dividend of $0.6200 per share

Paychex Inc (NASDAQ:PAYX) on 10/17/2019 declared a dividend of $ 0.6200 per share payable on November 21, 2019 to shareholders of record as of November 01, 2019.

Paychex Inc (NASDAQ:PAYX) has paid dividends since 1988, has a current dividend yield of 2.9262537956% and has increased its dividends for 5 successive years.

Paychex Inc's market cap is $ 30,335,754,000 and has a PE ratio of 29.02. The stock price closed yesterday at $ 84.75 and has a 52 week low/high of $ 61.32 and $ 88.43.

Paychex is a provider of integrated human capital management (HCM) solutions for payroll, benefits, human resource (HR), and insurance services for small- to medium-sized businesses. Co.'s portfolio of HCM and employee benefit-related services include: payroll processing services; payroll tax administration services; employee payment services; regulatory compliance services (new-hire reporting and garnishment processing); HR Solutions Administrative Services Organization; retirement services administration; HR administration services, including time and attendance; other HR services and products; business services; Professional Employer Organization services; and insurance services.

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