Paychex Declares Quarterly Dividend

Rhea-AI Summary

Paychex, Inc. (NASDAQ: PAYX) has declared a quarterly dividend of $.66 per share, payable on November 29, 2021 to shareholders of record as of November 1, 2021. With over 710,000 payroll clients, Paychex offers integrated human capital management solutions that empower small and medium-sized businesses. The company has 50 years of industry experience and supports one in every 12 American private sector employees, underscoring its significant role in the payroll sector.

Positive

• Quarterly dividend of $.66 signals strong cash flow and company confidence.
• Serves over 710,000 payroll clients, indicating robust market presence.

Negative

• None.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Today the Board of Directors of Paychex, Inc. (NASDAQ‑PAYX) declared a regular quarterly dividend of $.66 per share payable November 29, 2021 to shareholders of record November 1, 2021.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 710,000 payroll clients as of May 31, 2021 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn.

Paychex, Inc.’s news releases, current financial information, Securities and Exchange Commission filings, and investor presentations are accessible at our Investor Relations page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211014006011/en/

Investor Relations:

Efrain Rivera, CFO

or

Terri Allen

585-383-3406



Media Inquiries:

Lisa Fleming

585-387-6402

Source: Paychex, Inc.

FAQ

What is the Paychex dividend amount for November 2021?

Paychex has declared a dividend of $.66 per share for November 2021.

When is the Paychex dividend payment date?

The dividend payment date is November 29, 2021.

Who are the shareholders of record for the Paychex dividend?

Shareholders of record for the dividend are those holding shares on November 1, 2021.

How often does Paychex declare dividends?

Paychex typically declares dividends quarterly.

Is the Paychex dividend sustainable?

The sustainability of Paychex's dividend can be inferred from its strong client base and cash flow.