PAYX (NASDAQ) - Dividend History and Outstanding Shares
Dividend Rating: 8.02 ✓ Yield 3.01%, Avg. Growth per Year 7.41%, 98.1% Consistency of Payouts and many other metrics.
Dividends per Share Yearly
Number of Payouts Yearly
Outstanding Shares
What is the Trend of PAYX`s Outstanding Shares?
The Outstanding Shares of Paychex are shrinking at a rate of -0.02% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is 0.00%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.Did Paychex ever had a Stock Split?
Yes, last Stock Split was on 2000-05-23 with a factor of 3:2. This stock split increased the number of shares and lowered the price per share by a ratio of 1.5.| Year | Number of Shares (Mill.) | Growth |
|---|---|---|
| 2024 | 361.7 | -0.11% |
| 2023 | 362.1 | -0.06% |
| 2022 | 362.3 | -0.22% |
| 2021 | 363.1 | +0.3% |
| 2020 | 362 | +0.39% |
| 2019 | 360.6 | -0.25% |
| 2018 | 361.5 | +0.03% |
| 2017 | 361.4 | -0.33% |
| 2016 | 362.6 | +0.08% |
| 2015 | 362.3 | -0.63% |
| 2014 | 364.6 | -0.49% |
| 2013 | 366.4 | +0.55% |
| 2012 | 364.4 | +0.44% |
| 2011 | 362.8 | +0.19% |
| 2010 | 362.1 | +0.11% |
| 2009 | 361.7 | +0.2% |
| 2008 | 360.98 | -2.81% |
| 2007 | 371.4 | -2.88% |
| 2006 | 382.43 | +0.31% |
| 2005 | 381.26 | +0.41% |
| 2004 | 379.7 | +0.01% |
| 2003 | 379.65 | +0.45% |
| 2002 | 377.93 | +0.08% |
| 2001 | 377.61 | -0.06% |
| 2000 | 377.84 | +1.92% |
| 1999 | 370.71 | +0.7% |
| 1998 | 368.14 | +0.35% |
| 1997 | 366.84 | +0.44% |
| 1996 | 365.25 | +5.52% |
| 1995 | 346.16 | +1.85% |
| 1994 | 339.88 | +0.21% |
| 1993 | 339.16 | +0.48% |
| 1992 | 337.55 | +0.85% |
| 1991 | 334.7 | +0.43% |
| 1990 | 333.27 | +0.12% |
| 1989 | 332.88 | +0.3% |
| 1988 | 331.9 | +0.81% |
| 1987 | 329.24 | +0.84% |
| 1986 | 326.51 | +0.21% |
| 1985 | 325.81 |
Dividend Yields, Growth & Consistency
| Overall Dividend Rating | 8.02 | ||
| Dividends Paid 12m | 3.56 | Yield 12m | 3.01% |
| Dividends Paid Average 5y | 3.01 | Yield Average 5y | 2.54% |
| Growth Rate 5y | 7.41% | Yield on Cost 5y | 4.85% |
| Payout Consistency | 98.1% | First Payout | 1990-01-30 |
| Compare PAYX Dividends with its Industry Peers | |||
Dividend History - Last 25 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth |
|---|---|---|---|
| 2024-02-12 | Quarterly | 0.89 | |
| 2023-11-13 | Quarterly | 0.89 | |
| 2023-08-09 | Quarterly | 0.89 | |
| 2023-05-10 | Quarterly | 0.89 | 12.7% |
| 2023-02-08 | Quarterly | 0.79 | |
| 2022-11-08 | Quarterly | 0.79 | |
| 2022-08-10 | Quarterly | 0.79 | |
| 2022-05-11 | Quarterly | 0.79 | 19.7% |
| 2022-01-28 | Quarterly | 0.66 | |
| 2021-10-29 | Quarterly | 0.66 | |
| 2021-07-30 | Quarterly | 0.66 | |
| 2021-05-11 | Quarterly | 0.66 | 6.5% |
| 2021-01-29 | Quarterly | 0.62 | |
| 2020-10-30 | Quarterly | 0.62 | |
| 2020-07-31 | Quarterly | 0.62 | |
| 2020-05-14 | Quarterly | 0.62 | |
| 2020-01-31 | Quarterly | 0.62 | |
| 2019-10-31 | Quarterly | 0.62 | |
| 2019-07-31 | Quarterly | 0.62 | |
| 2019-05-14 | Quarterly | 0.62 | 10.7% |
| 2019-01-31 | Quarterly | 0.56 | |
| 2018-10-31 | Quarterly | 0.56 | |
| 2018-07-31 | Quarterly | 0.56 | |
| 2018-05-08 | Quarterly | 0.56 | 12% |
| 2018-01-31 | Quarterly | 0.5 |
- PAYX`s 3.01% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.56 USD by the current stock price.
- 4.85% Yield on Cost is the effective dividend income you'd receive today if you purchased the stock five years ago (Rate of the last 12 Months 3.56 divided by price 5 years ago).
- The 98.1% Payout Consistency of PAYX Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 7.41% per year in the last 5-Years showcases PAYX`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes: Yield, Yield on Cost, Consistency of Payouts and Growth Rates over time.