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

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

Paychex Increases Quarterly Dividend by 9%

July 13, 2017 7:44 AM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions for small- to medium-sized businesses, today announced that its board of directors approved a $0.04 increase in the companys regular quarterly dividend, an increase of nine percent. The dividend will go from $0.46 per share to $0.50 per share and is payable on August 24, 2017 to shareholders of record on August 1,... More