Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Paychex (PAYX) — Dividend Profile
Industrials·Diversified Commercial Services
11y payment streak9y growth streakActiveQuarterly
Forward Yield
4.78%
@ $99.48
TTM Yield
4.45%
Forward Annual
$4.76
Quarterly
Market Cap
$35.3b
Payout (FCF)
75%
1.3x covered
Payout (Earnings)
95%
Latest Amount
$1.1900
Ex 2026-05-13
3y CAGR
-13.1%
5y CAGR
-2.7%
10y CAGR
9.9%
Next Ex-Date
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.61)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (71.8%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Watch
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
1.33×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
⚠ Fired
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: -11.0%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 25 settled events.
Median Ex-Date Drop
-0.56%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
92%
23 of 25 events recovered within 90 days
Median Recovery Time
3 days
1 – 4 days IQR
Avg Capture Yield
0.73%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (40)
Ex-DateAmountFrequencyPay DateType
2026-05-13$1.1900Quarterly2026-05-29recurring
2026-01-28$1.0800Quarterly2026-02-27recurring
2025-11-07$1.0800Quarterly2025-11-26recurring
2025-07-21$1.0800Quarterly2025-08-29recurring
2025-05-12$1.0800Quarterly2025-05-29recurring
2025-02-07$0.9800Quarterly2025-02-27recurring
2024-11-07$0.9800Quarterly2024-11-27recurring
2024-08-08$0.9800Quarterly2024-08-29recurring
2024-05-09$0.9800Quarterly2024-05-30recurring
2024-02-12$0.8900Quarterly2024-02-27recurring
2023-11-13$0.8900Quarterly2023-11-28recurring
2023-08-09$0.8900Quarterly2023-08-24recurring
2023-05-10$0.8900Quarterly2023-05-25recurring
2023-02-08$0.7900Quarterly2023-02-23recurring
2022-11-08$0.7900Quarterly2022-11-23recurring
2022-08-10$0.7900Quarterly2022-08-25recurring
2022-05-11$0.7900Quarterly2022-05-26recurring
2022-01-28$0.6600Quarterly2022-02-24recurring
2021-10-29$0.6600Quarterly2021-11-29recurring
2021-07-30$0.6600Quarterly2021-08-26recurring
2021-05-11$0.6600Quarterly2021-05-27recurring
2021-01-29$0.6200Quarterly2021-02-25recurring
2020-10-30$0.6200Quarterly2020-11-24recurring
2020-07-31$0.6200Quarterly2020-08-27recurring
2020-05-14$0.6200Quarterly2020-05-28recurring
2020-01-31$0.6200Quarterly2020-02-20recurring
2019-10-31$0.6200Quarterly2019-11-21recurring
2019-07-31$0.6200Quarterly2019-08-22recurring
2019-05-14$0.6200Quarterly2019-05-30recurring
2019-01-31$0.5600Quarterly2019-02-15recurring
2018-10-31$0.5600Quarterly2018-11-15recurring
2018-07-31$0.5600Quarterly2018-08-23recurring
2018-05-08$0.5600Quarterly2018-05-24recurring
2018-01-31$0.5000Quarterly2018-02-15recurring
2017-10-31$0.5000Quarterly2017-11-15recurring
2017-07-28$0.5000Quarterly2017-08-24recurring
2017-05-08$0.4600Quarterly2017-05-25recurring
2017-01-30$0.4600Quarterly2017-02-15recurring
2016-10-28$0.4600Quarterly2016-11-22recurring
2016-05-05$0.4200Quarterly2016-05-23recurring