Does PAYX pay a dividend?

Yes. Paychex, Inc. pays a quarterly dividend, currently yielding 3.77% based on trailing twelve-month payments of $4.54 per share.

How much does PAYX pay in dividends?

$4.54 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next PAYX ex-dividend date?

No upcoming ex-dividend date is currently on record for PAYX. Dates appear here once the company declares them.

PAYX Dividend

Paychex, Inc.

NASDAQIndustrialsStockData as of August 12, 2026

Dividend yield: 3.77%
Annual dividend: $4.54
Payout ratio: 0.90
Frequency: Quarterly
Share price: $121.30
Market cap: $43.1B

Is PAYX a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.77% against a median of 2.78% across US dividend payers.
Dividend uses most of earningsA payout ratio of 0.90 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
Dividend has been cut onceAcross 38 complete years, the annual total fell in 2013. The most recent reduction was in 2013.
Raised for 12 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

PAYX dividend history

Annual dividend per share, 1988 to 2025.

Peak $4.32 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for PAYX, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 28, 2026	August 28, 2026	$1.1900	Quarterly
May 13, 2026	May 29, 2026	$1.1900	Quarterly
January 28, 2026	February 27, 2026	$1.0800	Quarterly
November 7, 2025	November 26, 2025	$1.0800	Quarterly
July 21, 2025	August 29, 2025	$1.0800	Quarterly
May 12, 2025	May 29, 2025	$1.0800	Quarterly
February 7, 2025	February 27, 2025	$0.9800	Quarterly
November 7, 2024	November 27, 2024	$0.9800	Quarterly
August 8, 2024	August 29, 2024	$0.9800	Quarterly
May 9, 2024	May 30, 2024	$0.9800	Quarterly
February 12, 2024	February 27, 2024	$0.8900	Quarterly
November 13, 2023	November 28, 2023	$0.8900	Quarterly
August 9, 2023	August 24, 2023	$0.8900	Quarterly
May 10, 2023	May 25, 2023	$0.8900	Quarterly
February 8, 2023	February 23, 2023	$0.7900	Quarterly
November 8, 2022	November 23, 2022	$0.7900	Quarterly
August 10, 2022	August 25, 2022	$0.7900	Quarterly
May 11, 2022	May 26, 2022	$0.7900	Quarterly
January 28, 2022	February 24, 2022	$0.6600	Quarterly
October 29, 2021	November 29, 2021	$0.6600	Quarterly
July 30, 2021	August 26, 2021	$0.6600	Quarterly
May 11, 2021	May 27, 2021	$0.6600	Quarterly
January 29, 2021	February 25, 2021	$0.6200	Quarterly
October 30, 2020	November 24, 2020	$0.6200	Quarterly
July 31, 2020	August 27, 2020	$0.6200	Quarterly
May 14, 2020	May 28, 2020	$0.6200	Quarterly
January 31, 2020	February 20, 2020	$0.6200	Quarterly
October 31, 2019	November 21, 2019	$0.6200	Quarterly
July 31, 2019	August 22, 2019	$0.6200	Quarterly
May 14, 2019	May 30, 2019	$0.6200	Quarterly
January 31, 2019	February 15, 2019	$0.5600	Quarterly
October 31, 2018	November 15, 2018	$0.5600	Quarterly
July 31, 2018	August 23, 2018	$0.5600	Quarterly
May 8, 2018	May 24, 2018	$0.5600	Quarterly
January 31, 2018	February 15, 2018	$0.5000	Quarterly
October 31, 2017	November 15, 2017	$0.5000	Quarterly
July 28, 2017	August 24, 2017	$0.5000	Quarterly
May 8, 2017	May 25, 2017	$0.4600	Quarterly
January 30, 2017	February 15, 2017	$0.4600	Quarterly
October 28, 2016	November 22, 2016	$0.4600	Quarterly

How much would PAYX pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate PAYX dividend income →

PAYX appears in

Frequently asked questions

Does PAYX pay a dividend?: Yes. Paychex, Inc. pays a quarterly dividend, currently yielding 3.77% based on trailing twelve-month payments of $4.54 per share.
How much does PAYX pay in dividends?: $4.54 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next PAYX ex-dividend date?: No upcoming ex-dividend date is currently on record for PAYX. Dates appear here once the company declares them.