Paychex Declares Quarterly Dividend

Rhea-AI Summary

Paychex, Inc. (NASDAQ-PAYX) has declared a regular quarterly dividend of $.79 per share. This dividend will be payable on February 23, 2023, to shareholders of record as of February 9, 2023. With over 50 years of industry expertise, Paychex is a leading provider of integrated human capital management solutions, serving more than 730,000 payroll clients in the U.S. and Europe. The company supports the payroll needs of approximately 1 in 12 American private sector employees.

Positive

• Quarterly dividend of $.79 per share affirming the company's commitment to returning value to shareholders.
• Strong client base with over 730,000 payroll clients enhances financial stability.

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 February 23, 2023 to shareholders of record February 9, 2023.

About Paychex

Paychex, Inc. (Nasdaq:PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 730,000 payroll clients as of May 31, 2022 in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.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/20230120005261/en/

Investor Relations:

Efrain Rivera, CFO or Terri Allen

585-383-3406

Media Inquiries:

Chris Muller

585-338-4306

Source: Paychex, Inc

FAQ

What is the dividend amount declared by Paychex (PAYX)?

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

When is the Paychex (PAYX) dividend payable?

The dividend is payable on February 23, 2023.

What is the record date for the Paychex (PAYX) dividend?

The record date for the dividend is February 9, 2023.

How many clients does Paychex (PAYX) serve?

Paychex serves over 730,000 payroll clients.

What market does Paychex (PAYX) primarily operate in?

Paychex operates in the U.S. and European markets.