Paychex (PAYX) Raises Quarterly Dividend 10.5% to $0.42; 3.6% Yield

Paychex (NASDAQ: PAYX) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 10.5% increase from the prior dividend of $0.38.

The dividend will be payable on August 20, 2015, to stockholders of record on August 3, 2015, with an ex-dividend date of July 30, 2015.

The annual yield on the dividend is 3.6 percent.

For a dividend history and other dividend-related data on Paychex (PAYX) click here.

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