Paychex (PAYX) Raises Quarterly Dividend 10.7% to $0.62; 3% Yield

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Paychex Increases Quarterly Dividend by Nearly 11%

May 3, 2019 8:42 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 $.06 increase in the companys regular quarterly dividend, an increase of approximately 11 percent. The dividend will increase from $.56 per share to $.62 per share and is payable May 30, 2019 to shareholders of... More