PAYX Dividend History & Yield

Paychex, Inc. · NasdaqGS

Stock Technology Quarterly payer IndustrialTech
$116.93
-3.93% today
as of Sep 9, 2026
TTM yield
3.88%
$4.54/share over the last 12 months
Forward yield
4.07%
$4.76/share indicated annual rate
Annual dividend
$4.76
per share, forward
Per payment
$1.19
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 27, 2026 Estimated
in 48 days
Next pay date
Nov 16, 2026
in 68 days
Last ex-dividend date
Jul 28, 2026
$1.19 per share
Payout ratio
91%
of earnings
Market cap
41.6B
P/E 23.9
5y dividend CAGR
+12.1%
annualised, regular payments
Growth streak
5 yrs
consecutive annual raises
Years paying
37.8
since Nov 4, 1988
1y total return
-12.9%
price -16.2% + dividends 3.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Oct 27, 2026 (in 48 days) Nov 16, 2026 $1.19 $119.00 Estimated
Tue, Jan 26, 2027 (in 139 days) Feb 15, 2027 $1.19 $119.00 Estimated
Tue, Apr 27, 2027 (in 230 days) May 17, 2027 $1.19 $119.00 Estimated
Tue, Jul 27, 2027 (in 321 days) Aug 16, 2027 $1.19 $119.00 Estimated

Estimated dates and amounts are projected from PAYX's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $4.76 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 28, 2016 to Jul 28, 2026; most recent $1.19$0.00$0.75$1.50Oct 28, 2016: $0.46Oct '16Jan 30, 2017: $0.46May 8, 2017: $0.46Jul 28, 2017: $0.50Oct 31, 2017: $0.50Jan 31, 2018: $0.50Jan '18May 8, 2018: $0.56Jul 31, 2018: $0.56Oct 31, 2018: $0.56Jan 31, 2019: $0.56May 14, 2019: $0.62May '19Jul 31, 2019: $0.62Oct 31, 2019: $0.62Jan 31, 2020: $0.62May 14, 2020: $0.62Jul 31, 2020: $0.62Jul '20Oct 30, 2020: $0.62Jan 29, 2021: $0.62May 11, 2021: $0.66Jul 30, 2021: $0.66Oct 29, 2021: $0.66Oct '21Jan 28, 2022: $0.66May 11, 2022: $0.79Aug 10, 2022: $0.79Nov 8, 2022: $0.79Feb 8, 2023: $0.79Feb '23May 10, 2023: $0.89Aug 9, 2023: $0.89Nov 13, 2023: $0.89Feb 12, 2024: $0.89May 9, 2024: $0.98May '24Aug 8, 2024: $0.98Nov 7, 2024: $0.98Feb 7, 2025: $0.98May 12, 2025: $1.08Jul 21, 2025: $1.08Jul '25Nov 7, 2025: $1.08Jan 28, 2026: $1.08May 13, 2026: $1.19Jul 28, 2026: $1.19

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $1.92$1.9220172018: $2.18$2.1820182019: $2.42$2.4220192020: $2.48$2.4820202021: $2.60$2.6020212022: $3.03$3.0320222023: $3.46$3.4620232024: $3.83$3.8320242025: $4.22$4.2220252026 (YTD): $3.46$3.462026 YTD

How much PAYX do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month253$29,478$1,200
$500 / month1,261$147,391$6,000
$1,000 / month2,522$294,782$12,000

Based on the forward yield of 4.07%. $10,000 in PAYX would currently pay about $407 a year ($34 a month on average). Model reinvestment and growth →

PAYX dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Jul 28, 2026 Aug 28, 2026 $1.19 +0.0%
May 13, 2026 May 29, 2026 $1.19 +10.2%
Jan 28, 2026 Feb 27, 2026 $1.08 +0.0%
Nov 7, 2025 Nov 26, 2025 $1.08 +0.0%
Jul 21, 2025 Aug 29, 2025 $1.08 +0.0%
May 12, 2025 May 29, 2025 $1.08 +10.2%
Feb 7, 2025 Feb 27, 2025 $0.98 +0.0%
Nov 7, 2024 Nov 27, 2024 $0.98 +0.0%
Aug 8, 2024 Aug 29, 2024 $0.98 +0.0%
May 9, 2024 May 30, 2024 $0.98 +10.1%
Feb 12, 2024 Feb 27, 2024 $0.89 +0.0%
Nov 13, 2023 Nov 28, 2023 $0.89 +0.0%
Aug 9, 2023 Aug 24, 2023 $0.89 +0.0%
May 10, 2023 May 25, 2023 $0.89 +12.7%
Feb 8, 2023 Feb 23, 2023 $0.79 +0.0%
Nov 8, 2022 Nov 23, 2022 $0.79 +0.0%
Aug 10, 2022 Aug 25, 2022 $0.79 +0.0%
May 11, 2022 May 26, 2022 $0.79 +19.7%
Jan 28, 2022 Feb 24, 2022 $0.66 +0.0%
Oct 29, 2021 Nov 29, 2021 $0.66 +0.0%
Jul 30, 2021 Aug 26, 2021 $0.66 +0.0%
May 11, 2021 May 27, 2021 $0.66 +6.5%
Jan 29, 2021 Feb 25, 2021 $0.62 +0.0%
Oct 30, 2020 Nov 24, 2020 $0.62 +0.0%
Jul 31, 2020 Aug 27, 2020 $0.62 +0.0%
May 14, 2020 May 28, 2020 $0.62 +0.0%
Jan 31, 2020 Feb 20, 2020 $0.62 +0.0%
Oct 31, 2019 Nov 21, 2019 $0.62 +0.0%
Jul 31, 2019 Aug 22, 2019 $0.62 +0.0%
May 14, 2019 May 30, 2019 $0.62 +10.7%
Jan 31, 2019 Feb 15, 2019 $0.56 +0.0%
Oct 31, 2018 Nov 15, 2018 $0.56 +0.0%
Jul 31, 2018 Aug 23, 2018 $0.56 +0.0%
May 8, 2018 May 24, 2018 $0.56 +12.0%
Jan 31, 2018 Feb 15, 2018 $0.50 +0.0%
Oct 31, 2017 Nov 15, 2017 $0.50 +0.0%
Jul 28, 2017 Aug 24, 2017 $0.50 +8.7%
May 8, 2017 May 25, 2017 $0.46 +0.0%
Jan 30, 2017 Feb 15, 2017 $0.46 +0.0%
Oct 28, 2016 Nov 22, 2016 $0.46 +0.0%
Jul 28, 2016 Aug 25, 2016 $0.46 +9.5%
May 5, 2016 May 23, 2016 $0.42 +0.0%
Jan 28, 2016 Feb 16, 2016 $0.42 +0.0%
Oct 29, 2015 Nov 19, 2015 $0.42 +0.0%
Jul 30, 2015 Aug 20, 2015 $0.42 +10.5%
May 7, 2015 May 21, 2015 $0.38 +0.0%
Jan 29, 2015 Feb 17, 2015 $0.38 +0.0%
Oct 30, 2014 Nov 20, 2014 $0.38 +0.0%
Jul 30, 2014 Aug 15, 2014 $0.38 +8.6%
May 8, 2014 May 23, 2014 $0.35 +0.0%
Jan 30, 2014 Feb 17, 2014 $0.35 +0.0%
Oct 30, 2013 Nov 15, 2013 $0.35 +0.0%
Jul 30, 2013 Aug 15, 2013 $0.35 -47.0%
Dec 18, 2012 $0.66 +100.0%
Oct 31, 2012 $0.33 +3.1%
Jul 30, 2012 $0.32 +0.0%
May 4, 2012 $0.32 +0.0%
Jan 30, 2012 $0.32 +0.0%
Oct 28, 2011 $0.32 +3.2%
Jul 28, 2011 $0.31 +0.0%
Apr 28, 2011 $0.31 +0.0%
Jan 28, 2011 $0.31 +0.0%
Oct 28, 2010 $0.31 +0.0%
Jul 29, 2010 $0.31 +0.0%
Apr 29, 2010 $0.31 +0.0%
Jan 28, 2010 $0.31 +0.0%
Oct 29, 2009 $0.31 +0.0%
Jul 30, 2009 $0.31 +0.0%
Apr 29, 2009 $0.31 +0.0%
Jan 28, 2009 $0.31 +0.0%
Oct 29, 2008 $0.31 +0.0%
Jul 30, 2008 $0.31 +3.3%
Apr 29, 2008 $0.30 +0.0%
Jan 30, 2008 $0.30 +0.0%
Oct 30, 2007 $0.30 +0.0%
Jul 30, 2007 $0.30 +42.9%
Apr 27, 2007 $0.21 +0.0%
Jan 30, 2007 $0.21 +0.0%
Oct 30, 2006 $0.21 +31.2%
Jul 28, 2006 $0.16 +0.0%
Apr 27, 2006 $0.16 +0.0%
Jan 30, 2006 $0.16 +0.0%
Oct 28, 2005 $0.16 +23.1%
Jul 28, 2005 $0.13 +0.0%
Apr 28, 2005 $0.13 +0.0%
Jan 28, 2005 $0.13 +0.0%
Oct 28, 2004 $0.13 +8.3%
Jul 29, 2004 $0.12 +0.0%
Apr 29, 2004 $0.12 +0.0%
Jan 29, 2004 $0.12 +0.0%
Oct 30, 2003 $0.12 +9.1%
Jul 30, 2003 $0.11 +0.0%
Apr 29, 2003 $0.11 +0.0%
Jan 30, 2003 $0.11 +0.0%
Oct 30, 2002 $0.11 +0.0%
Jul 30, 2002 $0.11 +0.0%
Apr 29, 2002 $0.11 +0.0%
Jan 30, 2002 $0.11 +0.0%
Oct 30, 2001 $0.11 +22.2%
Jul 30, 2001 $0.09 +0.0%
Apr 27, 2001 $0.09 +0.0%
Jan 30, 2001 $0.09 +0.0%
Oct 30, 2000 $0.09 +50.0%
Jul 28, 2000 $0.06 +0.0%
Apr 27, 2000 $0.06 +0.0%
Jan 28, 2000 $0.06 +0.0%
Oct 28, 1999 $0.06 +50.0%
Jul 29, 1999 $0.04 +0.0%
Apr 29, 1999 $0.04 +0.0%
Jan 28, 1999 $0.04 +0.0%
Oct 29, 1998 $0.04 +50.0%
Jul 30, 1998 $0.0267 +0.0%
Apr 29, 1998 $0.0267 +0.0%
Jan 29, 1998 $0.0267 +0.0%
Oct 23, 1997 $0.0267 +50.0%
Jul 29, 1997 $0.0178 +0.0%
Apr 29, 1997 $0.0178 +0.0%
Jan 28, 1997 $0.0178 +0.0%
Oct 24, 1996 $0.0178 +50.0%
Jul 30, 1996 $0.0119 +0.0%
Apr 23, 1996 $0.0119 +0.0%
Jan 30, 1996 $0.0119 +0.0%
Oct 25, 1995 $0.0119 +50.0%
Jul 31, 1995 $0.0079 +0.0%
Apr 21, 1995 $0.0079 +0.0%
Jan 26, 1995 $0.0079 +0.0%
Oct 24, 1994 $0.0079 +50.0%
Jul 27, 1994 $0.0053 +0.0%
Apr 25, 1994 $0.0053 +0.0%
Jan 26, 1994 $0.0053 +0.0%
Oct 22, 1993 $0.0053 +50.0%
Jul 20, 1993 $0.0035 +0.0%
Apr 23, 1993 $0.0035 +0.0%
Jan 22, 1993 $0.0035 +0.0%
Oct 19, 1992 $0.0035 +50.0%
Jul 21, 1992 $0.0023 +0.0%
Apr 16, 1992 $0.0023 +0.0%
Jan 29, 1992 $0.0023 +0.0%
Oct 21, 1991 $0.0023 +20.0%
Jul 22, 1991 $0.002 +0.0%
Apr 22, 1991 $0.002 +0.0%
Jan 25, 1991 $0.002 +0.0%
Oct 22, 1990 $0.002 +25.0%
Jul 23, 1990 $0.0016 +0.0%
Apr 23, 1990 $0.0016 +0.0%
Jan 30, 1990 $0.0016 +0.0%
Oct 23, 1989 $0.0016 +33.3%
Jul 24, 1989 $0.0012 +0.0%
Apr 24, 1989 $0.0012 +0.0%
Jan 24, 1989 $0.0012 +0.0%
Nov 4, 1988 $0.0012

PAYX dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
May 13, 2026 Raised 10.2% $1.08 $1.19 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

PAYX scores 15/100 on our yield-trap heuristic (low risk).

2 warning flags raised:

  • Payout ratio above 80% of earnings
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Paychex, Inc.

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services.

Sector: Technology. Industry: Software - Application. First dividend on our records: Nov 4, 1988. 151 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

PAYX dividend FAQ

When is PAYX's next ex-dividend date?

PAYX's next ex-dividend date is Oct 27, 2026 (in 48 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.19 per share, expected on Nov 16, 2026.

How often does PAYX pay dividends?

PAYX pays dividends every quarter, 4 times a year. The most recent payment was $1.19 per share with an ex-date of Jul 28, 2026.

What is PAYX's dividend yield?

PAYX's trailing 12-month dividend yield is 3.88%, based on $4.54 per share paid over the last year and a share price of $116.93. The forward yield, using the indicated annual rate of $4.76 per share, is 4.07%.

How much does PAYX pay per share?

PAYX pays about $1.19 per share each quarter, which works out to roughly $4.76 per share a year. 100 shares would collect about $476.00 a year.

Has PAYX grown or cut its dividend?

PAYX has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 12.1% a year (+10.2% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of PAYX do I need to earn $100 a month?

At the current forward yield of 4.07%, you would need about 253 shares of PAYX (roughly $29,478 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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