Paychex Increases Quarterly Dividend by 9%

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Paychex (PAYX) Raises Quarterly Dividend 8.7% to $0.50; 3.5% Yield

July 13, 2017 7:45 AM EDT

Paychex (NASDAQ: PAYX) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is an 8.7% increase from the prior dividend of $0.46.

The dividend will be payable on August 24, 2017, to stockholders of record on August 1, 2017, with an ex-dividend date of July 28,... More