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PAYX Dividend Analysis

Yield · Payout · Dividend Growth · AIQ Dividend

IndustrialsStaffing & Employment ServicesScore data as of Sep 4, 2026

PAYX

Dividends
Paychex, Inc.
Industrials· Staffing & Employment Services
AIQ Score
NeutralAIQ Edge 10/10
Relative Leader / Watch
Sector Leader
Score data as of Sep 4, 2026
Last price
$121.71
-$3.37 (-2.69%)
Latest market quote
Momentum66
Value45
Quality81
Risk Resilience59
Sentiment
View financial data

Dividend Analysis Overview

Yield, growth, payout, free cash flow coverage, recent payment history, and AIQ Dividend context stay together.

History
47
dividends captured
Growth years
10
raw events; specials not isolated
Durability score
45/100
coverage and consistency proxy
Shareholder yield
1.84%
0.68% buyback yield

Latest announced event

$1.19

PAYX dividend calendar data is shown separately from historical payments so announced dates do not get blended into completed income history.

Ex-date
Jul 28, 2026
Pay date
Aug 28, 2026
Frequency
quarterly

Latest dividend record

Jul 28, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
3.73%
Latest dividend
$1.19
0.00% vs prior payment
Trailing annual dividend
$4.54
10.19% vs prior complete year
Ex-dividend date
Jul 28, 2026
Calendar endpoint
Frequency
quarterly
Inferred from available dividend events
Payment date
Aug 28, 2026
Calendar endpoint
Payout ratio
90.31%
Dividend as a share of earnings where available
FCF payout
69.92%
Dividend as a share of free cash flow per share
FCF coverage
1.43x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality81/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value45/100

Yield is more useful when valuation context is not stretched.

Risk resilience59/100

Lower drawdown and balance-sheet risk can improve income dependability.

Recent Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
3.73%
Current income rate
TTM trend
Trailing income rising
10.19% vs prior complete year
FCF coverage
Thin FCF cover
1.43x
Payout ratio
90.31%
Earnings payout context
Recent dividend cadence
8 records
Nov 24
$0.98
Feb 25
$0.98
May 25
$1.08
Jul 25
$1.08
Nov 25
$1.08
Jan 26
$1.08
May 26
$1.19
Jul 26
$1.19

Annual dividend trail

2016 - 2026

11 plotted years

Dividend growth

+10.19% 1Y

Latest increase +10.19%
Latest dividend event timeline
Declared
Jul 16, 2026
Ex-date
Jul 28, 2026
Record
Jul 28, 2026
Paid
Aug 28, 2026

Latest row amount $1.19, event yield 3.82%.

Event field coverage
Declaration40/40
Record40/40
Payment40/40
Frequency40/40
History depth
40 rows
FMP dividend events via canonical L3
Data through
Jul 28, 2026
latest covered ex-date
Last checked
Sep 5, 2026
independent from event date
Date coverage
40/40 pay
40/40 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Recent dividend chart

Dividend payments

Showing latest 5 of 40 rows
Ex-dateLabelDividendAdjustedEvent yieldFrequencyTTM adjustedDeclaredRecord datePayment date
Jul 28, 2026$1.19
$1.19
3.82%Quarterly$4.54Jul 16, 2026Jul 28, 2026Aug 28, 2026
May 13, 2026$1.19
$1.19
4.93%Quarterly$4.43May 1, 2026May 13, 2026May 29, 2026
Jan 28, 2026$1.08
$1.08
4.22%Quarterly$4.32Jan 16, 2026Jan 28, 2026Feb 27, 2026
Nov 7, 2025$1.08
$1.08
3.77%Quarterly$4.22Oct 9, 2025Nov 7, 2025Nov 26, 2025
Jul 21, 2025$1.08
$1.08
2.89%Quarterly$4.12Jul 9, 2025Jul 21, 2025Aug 29, 2025
Show older history+35 rows
May 12, 2025$1.08
$1.08
2.65%Quarterly$4.02May 2, 2025May 12, 2025May 29, 2025
Feb 7, 2025$0.98
$0.98
2.67%Quarterly$3.92Jan 10, 2025Feb 7, 2025Feb 27, 2025
Nov 7, 2024$0.98
$0.98
2.61%Quarterly$3.83Oct 10, 2024Nov 7, 2024Nov 27, 2024
Aug 8, 2024$0.98
$0.98
3.01%Quarterly$3.74Jul 10, 2024Aug 8, 2024Aug 29, 2024
May 9, 2024$0.98
$0.98
3.01%Quarterly$3.65May 1, 2024May 10, 2024May 30, 2024
Feb 12, 2024$0.89
$0.89
2.92%Quarterly$3.56Jan 18, 2024Feb 13, 2024Feb 27, 2024
Nov 13, 2023$0.89
$0.89
3.02%Quarterly$3.46Oct 12, 2023Nov 14, 2023Nov 28, 2023
Aug 9, 2023$0.89
$0.89
2.71%Quarterly$3.36Jul 13, 2023Aug 10, 2023Aug 24, 2023
May 10, 2023$0.89
$0.89
3.00%Quarterly$3.26Apr 28, 2023May 11, 2023May 25, 2023
Feb 8, 2023$0.79
$0.79
2.75%Quarterly$3.16Jan 20, 2023Feb 9, 2023Feb 23, 2023
Nov 8, 2022$0.79
$0.79
2.59%Quarterly$3.03Oct 13, 2022Nov 9, 2022Nov 23, 2022
Aug 10, 2022$0.79
$0.79
2.18%Quarterly$2.90Jul 14, 2022Aug 11, 2022Aug 25, 2022
May 11, 2022$0.79
$0.79
2.34%Quarterly$2.77Apr 29, 2022May 12, 2022May 26, 2022
Jan 28, 2022$0.66
$0.66
2.29%Quarterly$2.64Jan 14, 2022Jan 31, 2022Feb 24, 2022
Oct 29, 2021$0.66
$0.66
2.11%Quarterly$2.60Oct 14, 2021Nov 1, 2021Nov 29, 2021
Jul 30, 2021$0.66
$0.66
2.25%Quarterly$2.56Jul 8, 2021Aug 2, 2021Aug 26, 2021
May 11, 2021$0.66
$0.66
2.54%Quarterly$2.52Apr 30, 2021May 12, 2021May 27, 2021
Jan 29, 2021$0.62
$0.62
2.84%Quarterly$2.48Jan 22, 2021Feb 1, 2021Feb 25, 2021
Oct 30, 2020$0.62
$0.62
3.02%Quarterly$2.48Oct 15, 2020Nov 2, 2020Nov 24, 2020
Jul 31, 2020$0.62
$0.62
3.45%Quarterly$2.48Jul 9, 2020Aug 3, 2020Aug 27, 2020
May 14, 2020$0.62
$0.62
3.93%Quarterly$2.48May 1, 2020May 15, 2020May 28, 2020
Jan 31, 2020$0.62
$0.62
2.89%Quarterly$2.48Jan 17, 2020Feb 3, 2020Feb 20, 2020
Oct 31, 2019$0.62
$0.62
2.89%Quarterly$2.42Oct 17, 2019Nov 1, 2019Nov 21, 2019
Jul 31, 2019$0.62
$0.62
2.84%Quarterly$2.36Jul 11, 2019Aug 1, 2019Aug 22, 2019
May 14, 2019$0.62
$0.62
2.73%Quarterly$2.30May 3, 2019May 15, 2019May 30, 2019
Jan 31, 2019$0.56
$0.56
3.16%Quarterly$2.24Jan 18, 2019Feb 1, 2019Feb 15, 2019
Oct 31, 2018$0.56
$0.56
3.33%Quarterly$2.18Oct 10, 2018Nov 1, 2018Nov 15, 2018
Jul 31, 2018$0.56
$0.56
3.07%Quarterly$2.12Jul 11, 2018Aug 1, 2018Aug 23, 2018
May 8, 2018$0.56
$0.56
3.34%Quarterly$2.06Apr 27, 2018May 9, 2018May 24, 2018
Jan 31, 2018$0.50
$0.50
2.87%Quarterly$1.96Jan 19, 2018Feb 1, 2018Feb 15, 2018
Oct 31, 2017$0.50
$0.50
3.01%Quarterly$1.92Oct 11, 2017Nov 1, 2017Nov 15, 2017
Jul 28, 2017$0.50
$0.50
3.25%Quarterly$1.88Jul 13, 2017Aug 1, 2017Aug 24, 2017
May 8, 2017$0.46
$0.46
3.17%QuarterlyApr 28, 2017May 10, 2017May 25, 2017
Jan 30, 2017$0.46
$0.46
2.96%QuarterlyJan 13, 2017Feb 1, 2017Feb 15, 2017
Oct 28, 2016$0.46
$0.46
3.20%QuarterlyOct 12, 2016Nov 1, 2016Nov 22, 2016
Dividend context
How to read PAYX's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Dividend calculators

Use compact calculator links here; the standalone tools remain the canonical calculator pages.

Primary calculator
Calculate PAYX dividend income

Estimate annual income, payment amount, yield and growth scenarios using PAYX as ticker context.

Calculate dividend income
Secondary calculator
Model PAYX dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

Model dividend reinvestment
Continue to PAYX fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

PAYX Dividends FAQ

Does PAYX pay a dividend?

If Paychex, Inc. has covered dividend payments, this page shows the latest dividend, yield, ex-date, payment date when available, and recent payment history. If no rows are shown, the current snapshot does not include dividend history for PAYX.

What is PAYX's dividend yield?

PAYX's dividend yield compares trailing dividend payments with the latest available price. It should be read with payout ratio, free cash flow coverage, balance-sheet risk, and dividend history.

Is PAYX's dividend sustainable?

Dividend sustainability depends on whether earnings and free cash flow can cover the distribution through normal business cycles. Review payout ratio, free cash flow coverage, recent payment cadence, debt, and earnings stability rather than yield alone.

When is PAYX's next dividend payment?

When covered, the table shows recent ex-dividend, record, and payment dates. Future payment timing should be confirmed against issuer announcements because schedules can change.

How should investors interpret PAYX's dividend growth?

Rising dividends can indicate capital return discipline, but dividend growth is strongest when it is supported by growing free cash flow, a reasonable payout ratio, and a consistent history of actual payments.

What does PAYX's dividend reliability view show?

PAYX's reliability view summarizes recent payment cadence, trailing income direction when comparable history is complete, payout context where meaningful, and available coverage evidence. It is a screening aid, not a guarantee of future dividends.