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Stockreport

Paychex Declares a 10% Increase to Quarterly Cash Dividend [Yahoo! Finance]

Paychex, Inc. (PAYX)  More Company Research Source: Yahoo! Finance
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
solutions for human resources, employee benefits, insurance services, and payroll, today announced that its Board of Directors approved a quarterly dividend of $0.98 per share, an increase of $0.09 (or 10%) from the prior quarterly dividend of $0.89 per share, payable on May 30, 2024 to shareholders of record as of May 10, 2024. "We are increasing our dividend based on the strong financial position of the company and the healthy free cash flow generation of the business," said John Gibson Paychex president and CEO. "While we continue to prioritize investing in the long-term growth of the company, we remain committed to returning excess capital to our shareholders." For the fiscal year ending on May 31, 2024, Paychex expects to return approximately $1.3 billion in dividends to shareholders, continuing a tradition of paying consecutive quarterly cash dividends every year since 1988. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full s [Read more]

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Stockreport

Paychex Declares a 10% Increase to Quarterly Cash Dividend [Yahoo! Finance]

Paychex, Inc.  (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
solutions for human resources, employee benefits, insurance services, and payroll, today announced that its Board of Directors approved a quarterly dividend of $0.98 per share, an increase of $0.09 (or 10%) from the prior quarterly dividend of $0.89 per share, payable on May 30, 2024 to shareholders of record as of May 10, 2024. "We are increasing our dividend based on the strong financial position of the company and the healthy free cash flow generation of the business," said John Gibson Paychex president and CEO. "While we continue to prioritize investing in the long-term growth of the company, we remain committed to returning excess capital to our shareholders." For the fiscal year ending on May 31, 2024, Paychex expects to return approximately $1.3 billion in dividends to shareholders, continuing a tradition of paying consecutive quarterly cash dividends every year since 1988. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full s [Read more]

IMPACT SNAPSHOT
EVENT TIME:
PAYX
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Price Change %
Volume Shares
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Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
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NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS