# Paychex (PAYX) — Dividends

PAYX · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/payx/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $4.54 |
| Forward yield | 4.10% |
| 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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Jul 28, 2026 | Aug 28, 2026 | $1.19 |
| May 13, 2026 | May 29, 2026 | $1.19 |
| Jan 28, 2026 | Feb 27, 2026 | $1.08 |
| Nov 7, 2025 | Nov 26, 2025 | $1.08 |
| Jul 21, 2025 | Aug 29, 2025 | $1.08 |
| May 12, 2025 | May 29, 2025 | $1.08 |
| Feb 7, 2025 | Feb 27, 2025 | $0.98 |
| Nov 7, 2024 | Nov 27, 2024 | $0.98 |
| Aug 8, 2024 | Aug 29, 2024 | $0.98 |
| May 9, 2024 | May 30, 2024 | $0.98 |
| Feb 12, 2024 | Feb 27, 2024 | $0.89 |
| Nov 13, 2023 | Nov 28, 2023 | $0.89 |
| Aug 9, 2023 | Aug 24, 2023 | $0.89 |
| May 10, 2023 | May 25, 2023 | $0.89 |
| Feb 8, 2023 | Feb 23, 2023 | $0.79 |
| Nov 8, 2022 | Nov 23, 2022 | $0.79 |
| Aug 10, 2022 | Aug 25, 2022 | $0.79 |
| May 11, 2022 | May 26, 2022 | $0.79 |
| Jan 28, 2022 | Feb 24, 2022 | $0.66 |
| 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 4.10% at the last price of $110.78. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has PAYX been raising its dividend?

Yes — Paychex has increased its dividend for 5 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).
