Paychex, Inc. (PAYX) Dividend History
DivTrkr holds 151 recorded PAYX dividend payments, running from November 4, 1988 to July 28, 2026 — 39 calendar years. Together those payments total $46.85 per share. PAYX has most often paid quarterly.
PAYX has increased its payment rate for 5 consecutive complete years.
Over the last five complete years the PAYX payment rate compounded at +11.7% a year, and +10.4% a year over the last ten. That is what the payments actually did; it is not a forecast.
Across 39 years of recorded history, PAYX's payment rate has never fallen materially from one complete year to the next.
PAYX dividends by year
| Year | Total paid per share | Payments | Median payment | Growth |
|---|---|---|---|---|
| 2025 | $4.22 | 4 | $1.08 | +10.2% |
| 2024 | $3.83 | 4 | $0.980 | +10.1% |
| 2023 | $3.46 | 4 | $0.890 | +12.7% |
| 2022 | $3.03 | 4 | $0.790 | +19.7% |
| 2021 | $2.60 | 4 | $0.660 | +6.5% |
| 2020 | $2.48 | 4 | $0.620 | +0.0% |
| 2019 | $2.42 | 4 | $0.620 | +10.7% |
| 2018 | $2.18 | 4 | $0.560 | +16.7% |
| 2017 | $1.92 | 4 | $0.480 | +9.1% |
| 2016 | $1.76 | 4 | $0.440 | +10.0% |
| 2015 | $1.60 | 4 | $0.400 | +9.6% |
| 2014 | $1.46 | 4 | $0.365 | — |
| 2013 | $0.700 | 2 (timing) | $0.350 | — |
| 2012 | $1.95 | 5 (timing) | $0.320 | — |
| 2011 | $1.25 | 4 | $0.310 | +0.0% |
| 2010 | $1.24 | 4 | $0.310 | +0.0% |
| 2009 | $1.24 | 4 | $0.310 | +1.6% |
| 2008 | $1.22 | 4 | $0.305 | +19.6% |
| 2007 | $1.02 | 4 | $0.255 | +59.4% |
| 2006 | $0.690 | 4 | $0.160 | +23.1% |
| 2005 | $0.550 | 4 | $0.130 | +8.3% |
| 2004 | $0.490 | 4 | $0.120 | +9.1% |
| 2003 | $0.450 | 4 | $0.110 | +0.0% |
| 2002 | $0.440 | 4 | $0.110 | +22.2% |
| 2001 | $0.380 | 4 | $0.0900 | +50.0% |
| 2000 | $0.270 | 4 | $0.0600 | +50.0% |
| 1999 | $0.180 | 4 | $0.0400 | +50.0% |
| 1998 | $0.120 | 4 | $0.0267 | +50.0% |
| 1997 | $0.0800 | 4 | $0.0178 | +50.0% |
| 1996 | $0.0533 | 4 | $0.0119 | +50.0% |
| 1995 | $0.0356 | 4 | $0.0079 | +50.0% |
| 1994 | $0.0237 | 4 | $0.0053 | +50.0% |
| 1993 | $0.0158 | 4 | $0.0035 | +50.0% |
| 1992 | $0.0105 | 4 | $0.0023 | +20.0% |
| 1991 | $0.0082 | 4 | $0.0020 | +25.0% |
| 1990 | $0.0066 | 4 | $0.0016 | +33.3% |
| 1989 | $0.0051 | 4 | $0.0012 | — |
| 1988 | $0.0012 | 1 (timing) | $0.0012 | — |
How this growth is measured
Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.
Years marked “timing” booked a different number of payments than PAYX's usual cadence, so their total is not directly comparable with neighbouring years.
Recent PAYX dividend payments
| Ex-dividend date | Amount per share |
|---|---|
| July 28, 2026 | $1.19 |
| May 13, 2026 | $1.19 |
| January 28, 2026 | $1.08 |
| November 7, 2025 | $1.08 |
| July 21, 2025 | $1.08 |
| May 12, 2025 | $1.08 |
| February 7, 2025 | $0.980 |
| November 7, 2024 | $0.980 |
| August 8, 2024 | $0.980 |
| May 9, 2024 | $0.980 |
| February 12, 2024 | $0.890 |
| November 13, 2023 | $0.890 |
| August 9, 2023 | $0.890 |
| May 10, 2023 | $0.890 |
| February 8, 2023 | $0.790 |
| November 8, 2022 | $0.790 |
| August 10, 2022 | $0.790 |
| May 11, 2022 | $0.790 |
| January 28, 2022 | $0.660 |
| October 29, 2021 | $0.660 |
| July 30, 2021 | $0.660 |
| May 11, 2021 | $0.660 |
| January 29, 2021 | $0.620 |
| October 30, 2020 | $0.620 |
| July 31, 2020 | $0.620 |
| May 14, 2020 | $0.620 |
| January 31, 2020 | $0.620 |
| October 31, 2019 | $0.620 |
| July 31, 2019 | $0.620 |
| May 14, 2019 | $0.620 |
| January 31, 2019 | $0.560 |
| October 31, 2018 | $0.560 |
| July 31, 2018 | $0.560 |
| May 8, 2018 | $0.560 |
| January 31, 2018 | $0.500 |
| October 31, 2017 | $0.500 |
| July 28, 2017 | $0.500 |
| May 8, 2017 | $0.460 |
| January 30, 2017 | $0.460 |
| October 28, 2016 | $0.460 |
| July 28, 2016 | $0.460 |
| May 5, 2016 | $0.420 |
| January 28, 2016 | $0.420 |
| October 29, 2015 | $0.420 |
| July 30, 2015 | $0.420 |
| May 7, 2015 | $0.380 |
| January 29, 2015 | $0.380 |
| October 30, 2014 | $0.380 |
| July 30, 2014 | $0.380 |
| May 8, 2014 | $0.350 |
| January 30, 2014 | $0.350 |
| October 30, 2013 | $0.350 |
| July 30, 2013 | $0.350 |
| December 18, 2012 | $0.660 |
| October 31, 2012 | $0.330 |
| July 30, 2012 | $0.320 |
| May 4, 2012 | $0.320 |
| January 30, 2012 | $0.320 |
| October 28, 2011 | $0.320 |
| July 28, 2011 | $0.310 |
Showing the 60 most recent of 151 recorded payments. The full log is on the page.
PAYX dividend history questions
How many dividends has PAYX paid?
DivTrkr has 151 recorded PAYX dividend payments between November 4, 1988 and July 28, 2026, totalling $46.85 per share across 39 calendar years.
Has PAYX ever cut its dividend?
Not in the history DivTrkr holds. Across 39 years of recorded payments the per-payment rate has never fallen by a material amount from one complete year to the next.
How fast is the PAYX dividend growing?
The PAYX payment rate compounded at +11.7% a year over the last five complete years and +10.4% a year over the last ten.
How often does PAYX pay a dividend?
PAYX has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.
See the current PAYX dividend yield and next ex-dividend date, or track PAYX free with DivTrkr to see what this history pays on your own share count.