Paychex, Inc. (NASDAQ:PAYX) Increases Dividend to $1.19 Per Share

Paychex, Inc. (NASDAQ:PAYX) Increases Dividend to $1.19 Per Share

Paychex, Inc. (NASDAQ:PAYX) declared a quarterly dividend on Friday, May 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of 1.19 per share by the business services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, May 13th. This is a 10.2% increase from Paychex's previous quarterly dividend of $1.08.