Paychex (PAYX) Raises Quarterly Dividend 10.2% to $1.08; 2.9% Yield

Go back to Paychex (PAYX) Raises Quarterly Dividend 10.2% to $1.08; 2.9% Yield

Paychex Declares a 10% Increase to Quarterly Cash Dividend

May 2, 2025 9:05 AM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $1.08 per share, an increase of $0.10 (or 10%) from the prior quarterly dividend of $0.98 per share, payable on May 29, 2025 to shareholders of record as of May 12, 2025.

The increase to our dividend reflects the strength of our financial performance and free cash flow generation as well... More