Paychex, Inc. (PAYX) To Go Ex-Dividend on July 28th

Posted by on Jul 26th, 2026

Paychex, Inc. (NASDAQ:PAYX – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Tuesday, July 28th will be paid a dividend of 1.19 per share by the business services provider on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, July 28th.

Paychex has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 3 years. Paychex has a dividend payout ratio of 84.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect Paychex to earn $6.34 per share next year, which means the company should continue to be able to cover its $4.76 annual dividend with an expected future payout ratio of 75.1%.

Paychex Price Performance

NASDAQ:PAYX opened at $113.55 on Friday. Paychex has a 1-year low of $85.45 and a 1-year high of $148.11. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.22. The firm has a fifty day simple moving average of $102.13 and a 200 day simple moving average of $98.40. The stock has a market capitalization of $40.39 billion, a PE ratio of 23.22 and a beta of 0.84.

Paychex (NASDAQ:PAYX – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.01. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.60 billion. Paychex had a net margin of 27.03% and a return on equity of 50.90%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.19 earnings per share. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. On average, research analysts expect that Paychex will post 5.96 EPS for the current fiscal year.

Insider Activity

In related news, Director Joseph M. Tucci sold 3,907 shares of Paychex stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $98.25, for a total transaction of $383,862.75. Following the completion of the sale, the director owned 67,364 shares of the company’s stock, valued at approximately $6,618,513. The trade was a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Paychex by 12.1% in the 4th quarter. Vanguard Group Inc. now owns 42,348,625 shares of the business services provider’s stock worth $4,750,669,000 after acquiring an additional 4,583,157 shares in the last quarter. LBP AM SA boosted its position in shares of Paychex by 125.2% during the 4th quarter. LBP AM SA now owns 40,517 shares of the business services provider’s stock valued at $4,545,000 after purchasing an additional 22,527 shares in the last quarter. Tectonic Advisors LLC grew its stake in Paychex by 17.4% during the fourth quarter. Tectonic Advisors LLC now owns 79,708 shares of the business services provider’s stock worth $8,942,000 after purchasing an additional 11,805 shares during the period. Comerica Bank grew its stake in Paychex by 10.4% during the fourth quarter. Comerica Bank now owns 121,705 shares of the business services provider’s stock worth $13,653,000 after purchasing an additional 11,497 shares during the period. Finally, Danske Bank A S increased its holdings in Paychex by 14.0% in the fourth quarter. Danske Bank A S now owns 205,341 shares of the business services provider’s stock worth $23,035,000 after purchasing an additional 25,184 shares in the last quarter. 83.47% of the stock is owned by institutional investors.

About Paychex

(Get Free Report)

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.

Further Reading

Dividend History for Paychex (NASDAQ:PAYX)

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