Paychex, Inc.
PAYX37 yrs growthTechnology · Stock · quarterly payer
$99.48
Add to PortfolioForward Yield
4.78%
Annual Dividend
$4.76
Payout Ratio
95%
5-Yr Growth
11.7%
Ex-Date
May 13, 2026
Frequency
Quarterly
PAYX Dividend Safety Score
78/ 100
Grade B
Safe
Dividend-growth streak11 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage95% of earnings paid out
Balance-sheet strengthDebt/equity of 1.25
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PAYX a good dividend stock?
YesPaychex, Inc. (PAYX) pays a quarterly dividend yielding 4.78% ($4.76/yr), with 37 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 37 consecutive years of growth
- Never cut its dividend on record
- Strong 11.7% 5-yr dividend growth
Risks
- Elevated payout ratio (95%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.78%
- Payout Ratio
- 95%
- Annual Dividend
- $4.76
- 5-Yr Avg Growth
- 11.7%
- Ex-Dividend Date
- May 13, 2026
- Years of Growth
- 37
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $35.6B
- P/E Ratio
- 22.0
- 5-Yr Total Return
- -7%
- 52-Week Range
- $85.45 – $161.24
- Dividend Safety
- B · 78/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 13, 2026 | — | $1.1900 | regular |
| Jan 28, 2026 | — | $1.0800 | regular |
| Nov 7, 2025 | — | $1.0800 | regular |
| Jul 21, 2025 | — | $1.0800 | regular |
| May 12, 2025 | — | $1.0800 | regular |
| Feb 7, 2025 | — | $0.9800 | regular |
| Nov 7, 2024 | — | $0.9800 | regular |
| Aug 8, 2024 | — | $0.9800 | regular |
| May 9, 2024 | — | $0.9800 | regular |
| Feb 12, 2024 | — | $0.8900 | regular |
| Nov 13, 2023 | — | $0.8900 | regular |
| Aug 9, 2023 | — | $0.8900 | regular |
| May 10, 2023 | — | $0.8900 | regular |
| Feb 8, 2023 | — | $0.7900 | regular |
Income Calculator
At $4.76 / yr per share
Per payment (quarterly)$119.00
Annual$476.00
Monthly avg$39.67
