Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
ROCHESTER, N.Y. - Paychex, Inc. (NASDAQ:PAYX) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $1.08 per share. The dividend will be payable on November 26, 2025, to shareholders of record as of November 7, 2025. According to InvestingPro data, the company has maintained dividend payments for 38 consecutive years, with the current yield standing at 3.41%.
Paychex, a provider of human capital management solutions with a market capitalization of $45.56 billion, serves approximately 800,000 customers across the United States and Europe. The company processes payroll for one out of every 11 American private sector workers, maintaining impressive gross profit margins of 72.83% and achieving revenue growth of 9.08% in the last twelve months.
The quarterly dividend announcement represents the company’s ongoing commitment to returning value to shareholders while maintaining its regular dividend payment schedule. InvestingPro analysis reveals several more key insights about Paychex’s financial health and market position, available in the comprehensive Pro Research Report.
Paychex offers HR advisory and employee solutions to organizations of various sizes. The company’s stock is traded on the Nasdaq exchange under the ticker symbol PAYX, and is currently trading near its 52-week low with characteristically low price volatility.
In other recent news, Paychex has reported its fiscal first-quarter results, which included a 3.5% organic revenue growth and a 5% increase in EPS. Despite these figures, several analysts have adjusted their price targets for the company. TD Cowen lowered its price target to $126 while maintaining a Hold rating, noting that the results were largely as expected. Stifel also reduced its target to $137, citing integration challenges, while Wolfe Research decreased its target to $130, maintaining an Underperform rating due to mixed results. BMO Capital adjusted its price target to $140, pointing out uncertainties in the business that could improve in the second half of fiscal year 2026. Additionally, RBC Capital reiterated its Sector Perform rating with a price target of $150, highlighting a shortfall in PEO and Insurance Solutions revenues. These developments reflect varying analyst perspectives on Paychex’s performance and future outlook.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.