Paychex increases quarterly dividend 10% to $1.19 per share

Paychex (PAYX) announced that its Board of Directors has declared a regular quarterly cash dividend on Paychex common stock of $1.19 per share, an increase of 11c, or 10%, from the prior quarterly dividend of $1.08 per share, payable on May 29, 2026 to shareholders of record as of May 13, 2026. “Our decision to raise the dividend by 10%-our fifth consecutive double-digit increase-demonstrates our commitment to balanced capital allocation and underscores our confidence in the company’s financial strength and durable business model,” said John Gibson, President and CEO of Paychex. “We are committed to delivering long-term shareholder value by strategically investing in opportunities that drive sustainable growth.”