Paychex Increases Dividend 10% to $1.08 a Share

Dow Jones

05-02

By Denny Jacob

Paychex increased its quarterly cash dividend by 10% to $1.08 a share from 98 cents a share.

The new payout, equal to $4.32 a year, represents an annual yield of 2.9% based on Thursday's closing price of $146.61.

The human resources company said the dividend is payable on May 29 to shareholders of record as of May 12.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

May 02, 2025 09:28 ET (13:28 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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