PAYX Stock — Paychex, Inc.

Paychex, Inc. (PAYX)

PAYX is a low-cost Stock. As of August 28, 2026, its distribution rate is 3.59%, its trailing-12-month yield is 3.57%. Dividend Vision Distribution Safety Score™ is 85/100 (Safe). Its deepest 1-year drawdown was 37.4%.

At the current 3.59% distribution rate, a $10,000 investment would generate approximately $359 per year, or $29.92 per month on an equivalent basis. Actual quarterly payments vary.

Paychex is a provider of human capital management solutions, including payroll processing, HR outsourcing, employee benefits administration, retirement plan services, and insurance offerings for small to medium-sized businesses across the United States, Europe, Canada, India, and Israel. The company distributes dividends quarterly at a moderate current distribution rate. Paychex appeals to income-focused investors seeking exposure to the business services sector with regular dividend payments.

PAYX performance

Data as of August 28, 2026.

Its deepest 1-year drawdown was 37.4%.

PAYX key facts

Data as of August 28, 2026.

Distribution Safety Score™

85 · Safe

Safety-Adjusted Yield

3.05%

Asset type

Stock

Asset class

Equity

Inception date

08/26/1983

Distribution rate

3.59%

Distribution frequency

Quarterly

Trailing yield

3.57%

5-year average yield

2.83

Last close

$127.04

Market cap

$44,417,671,168

Average volume

1546116.0

Last dividend

$1.1900

Ex-dividend date

07/28/2026

Payment date

08/28/2026

Beta

0.889

Payout ratio

0.824

P/E ratio

25.5902

Forward P/E

20.8333

EPS

$4.88

How Dividend Vision calculates yield and returns

Distribution rate (3.59%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.57%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PAYX risks and drawbacks

PAYX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 37.4%.

Who may consider PAYX — and who may not

PAYX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PAYX pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions