Paychex (NASDAQ:PAYX) announces a quarterly dividend of  $0.56



Paychex (NASDAQ:PAYX) to go ex-dividend.
On 4/27/2018 Paychex ( NASDAQ:PAYX ) announced that it will be issuing a quarterly dividend in the amount of $0.56 down from Previous Dividend: $0.50 $0.56 making the yield 3.69%.


Paychex (NASDAQ:PAYX) Ex- dividend date

Paychex (NASDAQ:PAYX) is set to go ex-dividend on and will be payable on 5/24/2018


Dividend History for Paychex (NASDAQ:PAYX)
The next payable dividend for Paychex is scheduled for 5/24/2018. There is an annual dividend of $$2.00 with a yield of 3.24% The company’s dividend has increased by 9.60% on a 3 Year Average The payout ration for the trailing 12 months of earnings is 90.91% , 80.32% based on this years estimates and 71.94% based on next years projected estimates.

Recent Dividend History for Paychex (NASDAQ:PAYX)

  • On 12/10/2012 Paychex announced a quarterly dividend of $0.33.
  • On 7/11/2013 Paychex announced a quarterly dividend of $0.35.
  • On 10/16/2013 Paychex announced a quarterly dividend of $0.35.
  • On 1/17/2014 Paychex announced a quarterly dividend of $0.35.
  • On 5/2/2014 Paychex announced a quarterly dividend of $0.35.
  • On 7/10/2014 Paychex announced a quarterly dividend of $0.38.
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Recent Insider Trading for Paychex (NASDAQ:PAYX)

  • On 3/29/2018 Michael E Gioja, Insider, sold 110,000 with an average share price of $61.63 per share and the total transaction amounting to $6,779,300.00.
  • On 1/16/2018 Jennifer R Vossler, VP, sold 10,000 with an average share price of $68.29 per share and the total transaction amounting to $682,900.00.
  • On 1/4/2018 Michael E Gioja, Insider, sold 34,311 with an average share price of $68.91 per share and the total transaction amounting to $2,364,371.01.
  • On 10/31/2017 John B Gibson, VP, sold 6,000 with an average share price of $63.70 per share and the total transaction amounting to $382,200.00.
  • On 10/10/2017 Laurie L Zaucha, VP, sold 17,354 with an average share price of $64.00 per share and the total transaction amounting to $1,110,656.00.
  • On 10/9/2017 Laurie L Zaucha, VP, sold 100 with an average share price of $64.00 per share and the total transaction amounting to $6,400.00.



Recent Analyst Rating for Paychex (NASDAQ:PAYX)

  • On 4/17/2018 Bank of America, Downgrade, fromNeutral to Underperform to Neutral
  • On 4/2/2018 Royal Bank of Canada, Reiterated Rating, fromUnderperform to Sector Perform to Underperform with a price target of $63.00
  • On 3/28/2018 Citigroup, Lower Price Target, fromNeutral to Neutral to Neutral with a price target of $67.00 to $64.00
  • On 3/27/2018 Barclays, Lower Price Target, fromEqual Weight to Equal Weight to Equal Weight with a price target of $75.00 to $70.00
  • On 3/27/2018 Morgan Stanley, Lower Price Target, fromEqual Weight to Equal Weight to Equal Weight with a price target of $68.00 to $66.00
  • On 3/27/2018 JPMorgan Chase, Lower Price Target, fromNeutral to Neutral to Neutral with a price target of $69.00 to $65.00



Recent Trading for Paychex (NASDAQ:PAYX)
Shares of Paychex closed the previous trading session at 61.73 up +0.98 1.61% with 60.75419998168945 shares trading hands.

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