Paychex Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Paychex (NASDAQ: PAYX) has declared a regular quarterly dividend of $.79 per share. This dividend is payable on November 23, 2022, to shareholders on record as of November 9, 2022. As a leader in integrated human capital management solutions, Paychex serves over 730,000 payroll clients, underscoring its strong position in the market.

Positive

• Declared a quarterly dividend of $.79 per share, reinforcing commitment to returning value to shareholders.
• Strong client base of over 730,000 payroll clients indicates stable revenue stream.

Negative

• None.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Today the Board of Directors of Paychex, Inc. (NASDAQ‑PAYX) declared a regular quarterly dividend of $.79 per share payable November 23, 2022 to shareholders of record November 9, 2022.

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 over 730,000 payroll clients as of May 31, 2022 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/20221013005622/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 dividend amount declared by Paychex in 2022?

Paychex declared a quarterly dividend of $.79 per share.

When is the Paychex dividend payable?

The Paychex dividend is payable on November 23, 2022.

What is the record date for the Paychex dividend?

The record date for the Paychex dividend is November 9, 2022.

How many payroll clients does Paychex serve?

Paychex serves over 730,000 payroll clients.

What services does Paychex provide?

Paychex provides integrated human capital management solutions for payroll, benefits, HR, and insurance services.