Paychex, Inc. (PAYX) Dividend History
PAYX next dividend
Ex-dividend in 8 days. Shareholders who own PAYX before the ex-dividend date receive this payment.
- 11 yearsof dividend increases
- 1988paying since
- Quarterly4 payments a year
- +11.2%5-year growth a year
- 4.26%forward yield
PAYX dividend income calculator
- Dividend income a year
- $476
- Each payment
- $119
- Value of the shares
- $11,163
- Dividend yield
- 4.26%
At the latest close; forward annual dividend $4.76 per share, before tax.
PAYX dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
PAYX dividend safety
Descriptive bands, not a rating.
PAYX yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $126.56 | 3.76% | $4.54 | 3.6% |
| 3 years ago | $118.27 | 4.02% | $12.40 | 10.5% |
| 5 years ago | $120.11 | 3.96% | $18.66 | 15.5% |
| 10 years ago | $56.14 | 8.48% | $30.06 | 53.5% |
| 20 years ago | $38.92 | 12.23% | $43.25 | 111.1% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
PAYX dividend payments
Each bar is one payment, by ex-dividend month (last 40 payments).
PAYX dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $4.22 | +10.2% | 3.76% | 4 |
| 2024 | $3.83 | +10.7% | 2.73% | 4 |
| 2023 | $3.46 | +14.2% | 2.90% | 4 |
| 2022 | $3.03 | +16.5% | 2.62% | 4 |
| 2021 | $2.60 | +4.8% | 1.90% | 4 |
| 2020 | $2.48 | +2.5% | 2.66% | 4 |
| 2019 | $2.42 | +11.0% | 2.85% | 4 |
| 2018 | $2.18 | +13.5% | 3.35% | 4 |
| 2017 | $1.92 | +9.1% | 2.82% | 4 |
| 2016 | $1.76 | +10.0% | 2.89% | 4 |
| 2015 | $1.60 | +9.6% | 3.03% | 4 |
| 2014 | $1.46 | — | 3.16% | 4 |
| 2013 | $0.70 | −64.1% | 1.54% | 2 |
| 2012 | $1.95 | — | 6.27% | 5 |
| 2011 | $1.25 | +0.8% | 4.15% | 4 |
| 2010 | $1.24 | 0.0% | 4.01% | 4 |
| 2009 | $1.24 | +1.6% | 4.05% | 4 |
| 2008 | $1.22 | +19.6% | 4.64% | 4 |
| 2007 | $1.02 | +47.8% | 2.82% | 4 |
| 2006 | $0.69 | — | 1.75% | 4 |
PAYX dividend history
152 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-10-26 | 2026-11-25 | $1.19 | — | Quarterly |
| 2026-07-28 | 2026-08-28 | $1.19 | — | Quarterly |
| 2026-05-13 | 2026-05-29 | $1.19 | +10.2% | Quarterly |
| 2026-01-28 | 2026-02-27 | $1.08 | — | Quarterly |
| 2025-11-07 | 2025-11-26 | $1.08 | — | Quarterly |
| 2025-07-21 | 2025-08-29 | $1.08 | — | Quarterly |
| 2025-05-12 | 2025-05-29 | $1.08 | +10.2% | Quarterly |
| 2025-02-07 | 2025-02-27 | $0.98 | — | Quarterly |
| 2024-11-07 | 2024-11-27 | $0.98 | — | Quarterly |
| 2024-08-08 | 2024-08-29 | $0.98 | — | Quarterly |
| 2024-05-09 | 2024-05-30 | $0.98 | +10.1% | Quarterly |
| 2024-02-12 | 2024-02-27 | $0.89 | — | Quarterly |
| 2023-11-13 | 2023-11-28 | $0.89 | — | Quarterly |
| 2023-08-09 | 2023-08-24 | $0.89 | — | Quarterly |
| 2023-05-10 | 2023-05-25 | $0.89 | +12.7% | Quarterly |
| 2023-02-08 | 2023-02-23 | $0.79 | — | Quarterly |
Show all 152 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-11-08 | 2022-11-23 | $0.79 | — | Quarterly |
| 2022-08-10 | 2022-08-25 | $0.79 | — | Quarterly |
| 2022-05-11 | 2022-05-26 | $0.79 | +19.7% | Quarterly |
| 2022-01-28 | 2022-02-24 | $0.66 | — | Quarterly |
| 2021-10-29 | 2021-11-29 | $0.66 | — | Quarterly |
| 2021-07-30 | 2021-08-26 | $0.66 | — | Quarterly |
| 2021-05-11 | 2021-05-27 | $0.66 | +6.5% | Quarterly |
| 2021-01-29 | 2021-02-25 | $0.62 | — | Quarterly |
| 2020-10-30 | 2020-11-24 | $0.62 | — | Quarterly |
| 2020-07-31 | 2020-08-27 | $0.62 | — | Quarterly |
| 2020-05-14 | 2020-05-28 | $0.62 | — | Quarterly |
| 2020-01-31 | 2020-02-20 | $0.62 | — | Quarterly |
| 2019-10-31 | 2019-11-21 | $0.62 | — | Quarterly |
| 2019-07-31 | 2019-08-22 | $0.62 | — | Quarterly |
| 2019-05-14 | 2019-05-30 | $0.62 | +10.7% | Quarterly |
| 2019-01-31 | 2019-02-15 | $0.56 | — | Quarterly |
| 2018-10-31 | 2018-11-15 | $0.56 | — | Quarterly |
| 2018-07-31 | 2018-08-23 | $0.56 | — | Quarterly |
| 2018-05-08 | 2018-05-24 | $0.56 | +12.0% | Quarterly |
| 2018-01-31 | 2018-02-15 | $0.5 | — | Quarterly |
| 2017-10-31 | 2017-11-15 | $0.5 | — | Quarterly |
| 2017-07-28 | 2017-08-24 | $0.5 | +8.7% | Quarterly |
| 2017-05-08 | 2017-05-25 | $0.46 | — | Quarterly |
| 2017-01-30 | 2017-02-15 | $0.46 | — | Quarterly |
| 2016-10-28 | 2016-11-22 | $0.46 | — | Quarterly |
| 2016-07-28 | 2016-08-25 | $0.46 | +9.5% | Quarterly |
| 2016-05-05 | 2016-05-23 | $0.42 | — | Quarterly |
| 2016-01-28 | 2016-02-16 | $0.42 | — | Quarterly |
| 2015-10-29 | 2015-11-19 | $0.42 | — | Quarterly |
| 2015-07-30 | 2015-08-20 | $0.42 | +10.5% | Quarterly |
| 2015-05-07 | 2015-05-21 | $0.38 | — | Quarterly |
| 2015-01-29 | 2015-02-17 | $0.38 | — | Quarterly |
| 2014-10-30 | 2014-11-20 | $0.38 | — | Quarterly |
| 2014-07-30 | 2014-08-15 | $0.38 | +8.6% | Quarterly |
| 2014-05-08 | 2014-05-23 | $0.35 | — | Quarterly |
| 2014-01-30 | 2014-02-17 | $0.35 | — | Quarterly |
| 2013-10-30 | 2013-11-15 | $0.35 | — | Quarterly |
| 2013-07-30 | 2013-08-15 | $0.35 | −47.0% | Quarterly |
| 2012-12-18 | 2012-12-28 | $0.66 | +100.0% | Quarterly |
| 2012-10-31 | 2012-11-15 | $0.33 | +3.1% | Quarterly |
| 2012-07-30 | 2012-08-15 | $0.32 | — | Quarterly |
| 2012-05-04 | 2012-05-15 | $0.32 | — | Quarterly |
| 2012-01-30 | 2012-02-15 | $0.32 | — | Quarterly |
| 2011-10-28 | 2011-11-15 | $0.32 | +3.2% | Quarterly |
| 2011-07-28 | 2011-08-15 | $0.31 | — | Quarterly |
| 2011-04-28 | 2011-05-16 | $0.31 | — | Quarterly |
| 2011-01-28 | 2011-02-15 | $0.31 | — | Quarterly |
| 2010-10-28 | 2010-11-15 | $0.31 | — | Quarterly |
| 2010-07-29 | 2010-08-16 | $0.31 | — | Quarterly |
| 2010-04-29 | 2010-05-17 | $0.31 | — | Quarterly |
| 2010-01-28 | 2010-02-16 | $0.31 | — | Quarterly |
| 2009-10-29 | 2009-11-16 | $0.31 | — | Quarterly |
| 2009-07-30 | 2009-08-17 | $0.31 | — | Quarterly |
| 2009-04-29 | 2009-05-15 | $0.31 | — | Quarterly |
| 2009-01-28 | 2009-02-16 | $0.31 | — | Quarterly |
| 2008-10-29 | 2008-11-15 | $0.31 | — | Quarterly |
| 2008-07-30 | 2008-08-15 | $0.31 | +3.3% | Quarterly |
| 2008-04-29 | 2008-05-15 | $0.3 | — | Quarterly |
| 2008-01-30 | 2008-02-15 | $0.3 | — | Quarterly |
| 2007-10-30 | 2007-11-15 | $0.3 | — | Quarterly |
| 2007-07-30 | 2007-08-15 | $0.3 | +42.9% | Quarterly |
| 2007-04-27 | 2007-05-15 | $0.21 | — | Quarterly |
| 2007-01-30 | 2007-02-15 | $0.21 | — | Quarterly |
| 2006-10-30 | 2006-11-15 | $0.21 | +31.2% | Quarterly |
| 2006-07-28 | 2006-08-15 | $0.16 | — | Quarterly |
| 2006-04-27 | 2006-05-15 | $0.16 | — | Quarterly |
| 2006-01-30 | 2006-02-15 | $0.16 | — | Quarterly |
| 2005-10-28 | 2005-11-15 | $0.16 | +23.1% | Quarterly |
| 2005-07-28 | 2005-08-15 | $0.13 | — | Quarterly |
| 2005-04-28 | 2005-05-16 | $0.13 | — | Quarterly |
| 2005-01-28 | 2005-02-15 | $0.13 | — | Quarterly |
| 2004-10-28 | 2004-11-15 | $0.13 | +8.3% | Quarterly |
| 2004-07-29 | 2004-08-16 | $0.12 | — | Quarterly |
| 2004-04-29 | 2004-05-17 | $0.12 | — | Quarterly |
| 2004-01-29 | 2004-02-16 | $0.12 | — | Quarterly |
| 2003-10-30 | 2003-11-17 | $0.12 | +9.1% | Quarterly |
| 2003-07-30 | 2003-08-15 | $0.11 | — | Quarterly |
| 2003-04-29 | 2003-05-15 | $0.11 | — | Quarterly |
| 2003-01-30 | 2003-02-17 | $0.11 | — | Quarterly |
| 2002-10-30 | 2002-11-15 | $0.11 | — | Quarterly |
| 2002-07-30 | 2002-08-15 | $0.11 | — | Quarterly |
| 2002-04-29 | 2002-05-15 | $0.11 | — | Quarterly |
| 2002-01-30 | 2002-02-15 | $0.11 | — | Quarterly |
| 2001-10-30 | 2001-11-15 | $0.11 | +22.2% | Quarterly |
| 2001-07-30 | 2001-08-15 | $0.09 | — | Quarterly |
| 2001-04-27 | 2001-05-15 | $0.09 | — | Quarterly |
| 2001-01-30 | 2001-02-15 | $0.09 | — | Quarterly |
| 2000-10-30 | 2000-11-15 | $0.09 | +50.0% | Quarterly |
| 2000-07-28 | 2000-08-15 | $0.06 | — | Quarterly |
| 2000-04-27 | 2000-05-15 | $0.06 | — | Quarterly |
| 2000-01-28 | 2000-02-15 | $0.06 | — | Quarterly |
| 1999-10-28 | 1999-11-15 | $0.06 | +50.0% | Quarterly |
| 1999-07-29 | 1999-08-16 | $0.04 | — | Quarterly |
| 1999-04-29 | 1999-05-17 | $0.04 | — | Quarterly |
| 1999-01-28 | 1999-02-15 | $0.04 | — | Quarterly |
| 1998-10-29 | 1998-11-16 | $0.04 | +50.0% | Quarterly |
| 1998-07-30 | 1998-08-17 | $0.0267 | — | Quarterly |
| 1998-04-29 | 1998-05-15 | $0.0267 | — | Quarterly |
| 1998-01-29 | 1998-02-16 | $0.0267 | — | Quarterly |
| 1997-10-23 | 1997-11-24 | $0.0267 | +50.0% | Quarterly |
| 1997-07-29 | 1997-08-21 | $0.0178 | — | Quarterly |
| 1997-04-29 | 1997-05-22 | $0.0178 | — | Quarterly |
| 1997-01-28 | 1997-02-20 | $0.0178 | — | Quarterly |
| 1996-10-24 | 1996-11-25 | $0.0178 | +50.0% | Quarterly |
| 1996-07-30 | 1996-08-22 | $0.0118 | — | Quarterly |
| 1996-04-23 | 1996-05-16 | $0.0118 | — | Quarterly |
| 1996-01-30 | 1996-02-22 | $0.0118 | — | Quarterly |
| 1995-10-25 | 1995-11-22 | $0.0118 | +50.0% | Quarterly |
| 1995-07-31 | 1995-08-24 | $0.0079 | — | Quarterly |
| 1995-04-21 | 1995-05-18 | $0.0079 | — | Quarterly |
| 1995-01-26 | 1995-02-23 | $0.0079 | — | Quarterly |
| 1994-10-24 | 1994-11-22 | $0.0079 | +49.9% | Quarterly |
| 1994-07-27 | 1994-08-24 | $0.0053 | — | Quarterly |
| 1994-04-25 | 1994-05-25 | $0.0053 | — | Quarterly |
| 1994-01-26 | 1994-02-23 | $0.0053 | — | Quarterly |
| 1993-10-22 | 1993-11-22 | $0.0053 | +50.1% | Quarterly |
| 1993-07-20 | 1993-08-19 | $0.0035 | — | Quarterly |
| 1993-04-23 | 1993-05-25 | $0.0035 | — | Quarterly |
| 1993-01-22 | 1993-02-23 | $0.0035 | — | Quarterly |
| 1992-10-19 | 1992-11-18 | $0.0035 | +50.0% | Quarterly |
| 1992-07-21 | 1992-08-20 | $0.0023 | — | Quarterly |
| 1992-04-16 | 1992-05-20 | $0.0023 | — | Quarterly |
| 1992-01-29 | 1992-02-24 | $0.0023 | — | Quarterly |
| 1991-10-21 | 1991-11-20 | $0.0023 | +20.0% | Quarterly |
| 1991-07-22 | 1991-08-20 | $0.0019 | — | Quarterly |
| 1991-04-22 | 1991-05-21 | $0.0019 | — | Quarterly |
| 1991-01-25 | 1991-02-21 | $0.0019 | — | Quarterly |
| 1990-10-22 | 1990-11-20 | $0.0019 | +25.0% | Quarterly |
| 1990-07-23 | 1990-08-20 | $0.0016 | — | Quarterly |
| 1990-04-23 | 1990-05-21 | $0.0016 | — | Quarterly |
| 1990-01-30 | 1990-02-26 | $0.0016 | — | Quarterly |
| 1989-10-23 | 1989-11-20 | $0.0016 | +33.3% | Quarterly |
| 1989-07-24 | 1989-08-21 | $0.0012 | — | Quarterly |
| 1989-04-24 | 1989-05-19 | $0.0012 | — | |
| 1989-01-24 | 1989-02-20 | $0.0012 | — | |
| 1988-11-04 | 1988-11-30 | $0.0012 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
PAYX stock split history
- 3:2May 23, 2000
- 3:2May 24, 1999
- 3:2May 26, 1998
- 3:2May 30, 1997
- 3:2May 24, 1996
- 3:2May 26, 1995
- 3:2August 27, 1993
- 3:2May 21, 1992
PAYX dividend overview
Paychex pays an annual dividend of $4.76 per share, a yield of 4.26% at the latest close, paid quarterly. It paid $4.22 per share in 2025, up 10.2% from 2024. It has raised its dividend for 11 consecutive years. Over five years the dividend grew 11.2% a year on average and over ten years 10.2% a year. The payout ratio is 82.6% of trailing earnings.
Related: PAYX cash flow statement, PAYX key metrics, PAYX chart. See the PAYX stock overview for the latest quote and news.
PAYX dividends FAQ
Does Paychex pay a dividend?
Yes. Paychex has paid a regular dividend since 1988, quarterly, most recently $1.19 per share with an ex-dividend date of October 26, 2026.
What is Paychex's dividend yield?
Paychex's forward annual dividend is $4.76 per share, a dividend yield of 4.26% at the latest close of $111.63.
When is Paychex's next dividend?
Paychex's next dividend of $1.19 per share goes ex-dividend on October 26, 2026 and is paid on November 25, 2026. Shareholders who own the stock before the ex-dividend date receive it.
How often does Paychex pay dividends?
Paychex pays dividends quarterly.
How fast is Paychex's dividend growing?
Paychex's dividend per share grew from $2.48 in 2020 to $4.22 in 2025, 11.2% a year on average over five years; it has increased for 11 years in a row.
What is Paychex's dividend payout ratio?
Paychex pays out 82.6% of its trailing earnings as dividends and 68.5% of its free cash flow (fiscal 2026).
Has Paychex split its stock?
Paychex has split its stock 8 times: 3:2 on May 23, 2000, 3:2 on May 24, 1999, 3:2 on May 26, 1998, 3:2 on May 30, 1997, 3:2 on May 24, 1996, 3:2 on May 26, 1995, 3:2 on August 27, 1993, 3:2 on May 21, 1992. Dividends per share on this page are adjusted for splits.