Paycom Software, Inc. (NYSE:PAYC – Get Free Report) declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Monday, August 24th will be paid a dividend of 0.375 per share by the software maker on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, August 24th.
Paycom Software has a dividend payout ratio of 15.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Paycom Software to earn $11.98 per share next year, which means the company should continue to be able to cover its $1.50 annual dividend with an expected future payout ratio of 12.5%.
Paycom Software Price Performance
PAYC opened at $229.37 on Friday. The company has a 50 day moving average of $160.58 and a two-hundred day moving average of $139.85. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. Paycom Software has a 52-week low of $104.90 and a 52-week high of $234.60. The company has a market cap of $10.34 billion, a P/E ratio of 24.38, a P/E/G ratio of 1.28 and a beta of 0.76.
Paycom Software Company Profile
Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.
The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.
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