Paychex (PAYX) Raises Quarterly Dividend 12.7% to $0.89; 3.3% Yield

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Paychex Declares a 13% Increase in Quarterly Dividend

April 28, 2023 8:49 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 $.10 increase in the companys regular quarterly dividend, an increase of 13 percent. The dividend will increase from $.79 per share to $.89 per share and is payable May 25, 2023 to... More