Paychex (PAYX) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.54
- Forward yield
- 4.19%
- Payout ratio
- 80.6%
- Growth streak
- 5 years
Paychex pays a quarterly dividend of $1.19 per share. Its most recent payment had an ex-date of July 28, 2026 and was paid on August 28, 2026. Over the trailing twelve months, it paid $4.54 per share, a yield of about 4.59% at a share price of $98.94.
The record shows a steady annual rhythm. Paychex has raised its dividend once a year, each time with the payment that goes ex-dividend in May. The rate went from $0.66 to $0.79 in 2022, then to $0.89 in 2023, $0.98 in 2024, $1.08 in 2025 and $1.19 in 2026. The 2022 raise was about 19.7% and the 2023 raise about 12.7%. The last three were each about 10%, or nine to eleven cents. Since late 2021, the quarterly rate has grown about 80%. Payments by calendar year rose from $3.03 in 2022 to $4.22 in 2025. The source counts a growth streak of five years.
If the pattern holds, the next payment would go ex-dividend in early-to-mid November 2026 and be paid in late November. The May payment is the one where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 16, 2026 | Jul 28, 2026 | Aug 28, 2026 | $1.19 |
| May 1, 2026 | May 13, 2026 | May 29, 2026 | $1.19 |
| Jan 16, 2026 | Jan 28, 2026 | Feb 27, 2026 | $1.08 |
| Oct 9, 2025 | Nov 7, 2025 | Nov 26, 2025 | $1.08 |
| Jul 9, 2025 | Jul 21, 2025 | Aug 29, 2025 | $1.08 |
| May 2, 2025 | May 12, 2025 | May 29, 2025 | $1.08 |
| Jan 10, 2025 | Feb 7, 2025 | Feb 27, 2025 | $0.98 |
| Oct 10, 2024 | Nov 7, 2024 | Nov 27, 2024 | $0.98 |
| Jul 10, 2024 | Aug 8, 2024 | Aug 29, 2024 | $0.98 |
| May 1, 2024 | May 9, 2024 | May 30, 2024 | $0.98 |
| Jan 19, 2024 | Feb 12, 2024 | Feb 27, 2024 | $0.89 |
| Oct 12, 2023 | Nov 13, 2023 | Nov 28, 2023 | $0.89 |
| Jul 13, 2023 | Aug 9, 2023 | Aug 24, 2023 | $0.89 |
| Apr 28, 2023 | May 10, 2023 | May 25, 2023 | $0.89 |
| Jan 20, 2023 | Feb 8, 2023 | Feb 23, 2023 | $0.79 |
| Oct 13, 2022 | Nov 8, 2022 | Nov 23, 2022 | $0.79 |
| Jul 14, 2022 | Aug 10, 2022 | Aug 25, 2022 | $0.79 |
| Apr 29, 2022 | May 11, 2022 | May 26, 2022 | $0.79 |
| Jan 14, 2022 | Jan 28, 2022 | Feb 24, 2022 | $0.66 |
| Oct 14, 2021 | Oct 29, 2021 | Nov 29, 2021 | $0.66 |
Frequently asked questions
Does Paychex (PAYX) pay a dividend?
Yes. Paychex pays a quarterly dividend; the most recent payment was $1.19 per share.
What is PAYX's dividend yield?
Paychex paid $4.54 per share over the trailing twelve months, a yield of 4.19% at the last price of $108.37. Click here to learn more
When is PAYX's most recent ex-dividend date?
Paychex's most recent ex-dividend date is Jul 28, 2026, payable on Aug 28, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has PAYX been raising its dividend?
Yes — Paychex has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.