Paychex (PAYX) Raises Quarterly Dividend 19.7% to $.79; 2.4% Yield

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Paychex Declares 20% Increase in Quarterly Dividend

April 29, 2022 8:34 AM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Paychex, Inc. (Nasdaq: PAYX), a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that its board of directors approved a $.13 increase in the companys regular quarterly dividend, an increase of 20 percent. The dividend will increase from $.66 per share to $.79 per share and is payable May 26, 2022 to shareholders of record May 12,... More