DIVIDEND ANNOUNCEMENT: Paychex Inc (NASDAQ:PAYX) on 10/12/2023 declared a dividend of $0.8900 per share

Paychex Inc (NASDAQ:PAYX) on 10/12/2023 declared a dividend of $ 0.8900 per share payable on November 28, 2023 to shareholders of record as of November 14, 2023.

Paychex Inc (NASDAQ:PAYX) has paid dividends since 1988, has a current dividend yield of 3.0001683235% and has increased its dividends for 9 successive years.

Paychex Inc's market cap is $ 42,863,789,120 and has a PE ratio of 26.91. The stock price closed yesterday at $ 118.66 and has a 52 week low/high of $ 104.09 and $ 129.70.

Paychex is a provider of human capital management solutions. Co.'s solutions include: payroll processing services, which include the calculation, preparation, and delivery of employee payroll checks and production of internal accounting records and management reports; payroll tax administration services, which provide for preparation and filing of quarterly and year-end tax returns, as well as the electronic transfer of funds to the applicable federal, state, and local tax or regulatory agencies; and regulatory compliance services, which provide new-hire reporting services that enable clients to comply with federal and state requirements to report information on newly hired employees.

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