What is the current annual payout ratio of PAYX?

As of today, PAYX annual payout ratio is 87.40%

What is 1-year change in PAYX annual payout ratio?

PAYX annual payout ratio is up +12.32% year-over-year

What is 3-year change in PAYX annual payout ratio?

PAYX annual payout ratio is up +21.78% over the past 3 years

How far is PAYX annual payout ratio from its all-time high?

PAYX annual payout ratio is currently -7.06% below its historical high of 94.04% set on May 31, 2010

How does PAYX annual payout ratio rank versus sector peers?

PAYX annual payout ratio is higher than 97.45% of companies in Technology sector

When is PAYX next annual earnings release?

As of today, the next annual earnings release for PAYX has not been scheduled

What is PAYX next ex-dividend date?

The next ex-dividend date for PAYX is January 28, 2026

What is the current TTM payout ratio of PAYX?

As of today, PAYX TTM payout ratio is 95.64%

What is PAYX TTM payout ratio most recent change?

PAYX TTM payout ratio remained unchanged on January 21, 2026

What is 1-year change in PAYX TTM payout ratio?

PAYX TTM payout ratio is up +18.67% year-over-year

How far is PAYX TTM payout ratio from its all-time high?

PAYX TTM payout ratio is currently -80.87% below its historical high of 500.00% set on April 23, 1990

How does PAYX TTM payout ratio rank versus sector peers?

PAYX TTM payout ratio is higher than 98.13% of companies in Technology sector

When is PAYX next earnings release?

The next earnings release for PAYX is on March 26, 2026

What is PAYX next ex-dividend date?

The next ex-dividend date for PAYX is January 28, 2026

What is the current quarterly payout ratio of PAYX?

As of today, PAYX quarterly payout ratio is 98.10%

What is PAYX quarterly payout ratio most recent change?

PAYX quarterly payout ratio was down -3.24% on November 30, 2025

What is 1-year change in PAYX quarterly payout ratio?

PAYX quarterly payout ratio is up +14.95% year-over-year

How far is PAYX quarterly payout ratio from its all-time high?

PAYX quarterly payout ratio is currently -41.01% below its historical high of 166.30% set on February 28, 2013

How does PAYX quarterly payout ratio rank versus sector peers?

PAYX quarterly payout ratio is higher than 97.81% of companies in Technology sector

When is PAYX next earnings release?

The next earnings release for PAYX is on March 26, 2026

What is PAYX next ex-dividend date?

The next ex-dividend date for PAYX is January 28, 2026

Paychex, Inc. (PAYX) Payout Ratio History & Chart Since 1983

Annual Payout Ratio

87.40%9.59%+12.32%

May 31, 2025

Summary

Current Value: As of today, PAYX annual payout ratio is 87.40%, up +12.32% on May 31, 2025
Historical Performance: PAYX annual payout ratio is up +21.78% over the past 3 years, and up +7.91% over the past 5 years
All-Time High Comparison: PAYX annual payout ratio is currently -7.06% below its historical high of 94.04% set on May 31, 2010
3-Year Low Comparison: PAYX annual payout ratio is +21.78% above its 3-year low of 71.77% reached on an earlier date
Sector Comparison: PAYX annual payout ratio is higher than 97.45% of companies in Technology sector

Payout Ratio Chart

Performance

PAYX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	May 31, 25	87.40%	+12.3%	+21.8%	+7.9%	-7.1%
Quarterly Payout Ratio	Nov 30, 25	98.10%	+14.9%	+24.1%	+19.6%	+17.1%
TTM Payout Ratio	Jan 21, 26	95.64%	+18.7%	+27.6%	+13.1%	+4.9%
Price	Jan 21, 26	$107.19	-26.4%	-9.1%	+22.4%	+228.8%
Annual Dividend Yield	Jan 21, 26	3.75%	+49.4%	+59.6%	+32.5%	-1.3%
Annual Dividends Paid	May 31, 25	$1.45B	+10.1%	+44.9%	+62.9%	+222.9%
Annual Dividend Per Share	May 31, 25	$4.02	+10.1%	+45.1%	+62.1%	+224.2%
Annual Free Cash Flow	May 31, 25	$1.63B	-4.4%	+19.8%	+25.1%	+203.4%
Annual Revenue	May 31, 25	$5.57B	+5.6%	+20.8%	+37.9%	+178.9%
Annual EPS	May 31, 25	$4.58	-1.9%	+19.4%	+50.5%	+246.8%

Payout Ratio Highs

PAYX Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	87.40%	May 31, 25	at high
5Y	87.40%	May 31, 25	at high
All	94.04%	May 31, 10	-7.1%

Payout Ratio Lows

PAYX Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	71.77%	N/A	+21.8%
5Y	71.77%	May 31, 22	+21.8%
All	0.00%	May 1, 83	N/A

Payout Ratio History

Year	Value	Change
2025	87.40%	+12.3%
2024	77.81%	+3.1%
2023	75.45%	+5.1%
2022	71.77%	-13.3%
2021	82.80%	+2.2%
2020	80.99%	+1.3%
2019	79.93%	+7.4%
2018	74.41%	-8.2%
2017	81.04%	+1.1%
2016	80.14%	-2.0%
2015	81.76%	+0.5%
2014	81.37%	-2.9%
2013	83.78%	-0.3%
2012	84.03%	-3.5%
2011	87.09%	-7.4%
2010	94.04%	+12.1%
2009	83.92%	+9.4%
2008	76.74%	+31.3%
2007	58.46%	+17.4%
2006	49.81%	-4.8%
2005	52.32%	-10.7%
2004	58.56%	+3.9%

Year	Value	Change
2003	56.38%	-1.7%
2002	57.36%	+18.8%
2001	48.30%	+12.5%
2000	42.94%	+10.5%
1999	38.86%	+10.7%
1998	35.09%	+9.3%
1997	32.09%	+11.6%
1996	28.75%	+13.5%
1995	25.33%	+8.2%
1994	23.41%	+7.1%
1993	21.86%	-0.9%
1992	22.05%	-14.4%
1991	25.77%	+12.8%
1990	22.85%	+84.3%
1989	12.40%	>+9,900.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	0.0%
1985	0.00%	0.0%
1984	0.00%	0.0%
1983	0.00%	-

FAQ

What is the current annual payout ratio of PAYX?
As of today, PAYX annual payout ratio is 87.40%
What is 1-year change in PAYX annual payout ratio?
PAYX annual payout ratio is up +12.32% year-over-year
What is 3-year change in PAYX annual payout ratio?
PAYX annual payout ratio is up +21.78% over the past 3 years
How far is PAYX annual payout ratio from its all-time high?
PAYX annual payout ratio is currently -7.06% below its historical high of 94.04% set on May 31, 2010
How does PAYX annual payout ratio rank versus sector peers?
PAYX annual payout ratio is higher than 97.45% of companies in Technology sector
When is PAYX next annual earnings release?
As of today, the next annual earnings release for PAYX has not been scheduled
What is PAYX next ex-dividend date?
The next ex-dividend date for PAYX is January 28, 2026

TTM Payout Ratio

95.64%0.00%0.00%

January 21, 2026

Summary

Current Value: As of today, PAYX TTM payout ratio is 95.64%, unchanged on January 21, 2026
Historical Performance: PAYX TTM payout ratio is up +18.67% year-over-year, and up +27.59% over the past 3 years
All-Time High Comparison: PAYX TTM payout ratio is currently -80.87% below its historical high of 500.00% set on April 23, 1990
3-Year Low Comparison: PAYX TTM payout ratio is +27.59% above its 3-year low of 74.96% reached on January 21, 2023
Sector Comparison: PAYX TTM payout ratio is higher than 98.13% of companies in Technology sector

Performance

PAYX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jan 21, 26	95.64%	+3.5%	+18.7%	+27.6%	+13.1%
Quarterly Payout Ratio	Nov 30, 25	98.10%	-3.2%	+14.9%	+24.1%	+19.6%
Annual Payout Ratio	May 31, 25	87.40%	–	+12.3%	+21.8%	+7.9%
Price	Jan 21, 26	$107.19	-16.0%	-26.4%	-9.1%	+22.4%
TTM Dividend Yield	Jan 21, 26	3.94%	+22.0%	+49.8%	+53.3%	+39.2%
TTM Dividends Paid	Nov 30, 25	$1.52B	+2.4%	+10.1%	+39.1%	+70.4%
TTM Dividend Per Share	Jan 21, 26	$4.22	+2.4%	+10.2%	+39.3%	+70.2%
TTM Free Cash Flow	Nov 30, 25	$1.91B	+7.5%	+23.9%	+28.5%	+62.4%
TTM Revenue	Nov 30, 25	$6.03B	+4.2%	+12.4%	+25.3%	+51.9%
TTM EPS	Nov 30, 25	$4.41	-1.0%	-7.2%	+9.2%	+50.5%

TTM Payout Ratio Highs

PAYX TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	95.64%	Nov 30, 25	at high
3Y	95.64%	Nov 30, 25	at high
5Y	95.64%	Nov 30, 25	at high
All	500.00%	Apr 23, 90	-80.9%

TTM Payout Ratio Lows

PAYX TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	80.59%	Jan 21, 25	+18.7%
3Y	74.96%	Jan 21, 23	+27.6%
5Y	70.51%	Feb 28, 22	+35.6%
All	0.00%	Aug 26, 83	N/A

TTM Payout Ratio History

Month	Value	Change
Jan 2026	95.64%	0.0%
Nov 2025	95.64%	+3.5%
Aug 2025	92.41%	+5.3%
May 2025	87.80%	+7.7%
Feb 2025	81.52%	+1.2%
Nov 2024	80.59%	+1.1%
Aug 2024	79.68%	+1.9%
May 2024	78.18%	+0.7%
Feb 2024	77.63%	+0.9%
Nov 2023	76.94%	+0.9%
Aug 2023	76.24%	+0.5%
May 2023	75.85%	-0.5%
May 2023	76.20%	0.0%
Feb 2023	76.20%	+1.7%
Nov 2022	74.96%	+2.4%
Aug 2022	73.20%	+1.3%
May 2022	72.23%	+2.4%
Feb 2022	70.51%	-4.4%
Nov 2021	73.75%	-3.1%
Aug 2021	76.12%	-8.5%
May 2021	83.18%	-2.2%
Feb 2021	85.04%	+0.5%
Nov 2020	84.58%	-1.2%
Aug 2020	85.61%	+5.0%
May 2020	81.52%	+0.9%
Feb 2020	80.78%	-0.3%
Nov 2019	80.99%	+0.2%
Aug 2019	80.80%	+0.5%
May 2019	80.42%	+1.2%
Feb 2019	79.43%	+6.8%
Nov 2018	74.40%	-0.7%
Aug 2018	74.91%	-0.4%
May 2018	75.18%	+2.8%
Feb 2018	73.13%	-15.1%
Nov 2017	86.10%	+2.6%
Aug 2017	83.93%	+3.1%
May 2017	81.42%	-0.0%
Feb 2017	81.45%	-0.5%
Nov 2016	81.86%	+0.4%
Aug 2016	81.52%	+1.4%
May 2016	80.38%	-0.0%
Feb 2016	80.39%	+0.5%
Nov 2015	80.00%	0.0%
Aug 2015	80.00%	-3.2%
May 2015	82.61%	-0.2%
Feb 2015	82.78%	+0.9%
Nov 2014	82.02%	-0.2%
Aug 2014	82.18%	+0.4%
May 2014	81.87%	+28.6%
Feb 2014	63.64%	-24.7%
Nov 2013	84.47%	+0.2%
Aug 2013	84.28%	+1.0%
May 2013	83.44%	-19.6%
Feb 2013	103.82%	+23.9%
Nov 2012	83.77%	-0.5%
Aug 2012	84.21%	+0.1%
May 2012	84.11%	+0.1%
Feb 2012	84.00%	+0.1%
Nov 2011	83.89%	-0.5%
Aug 2011	84.35%	-3.4%
May 2011	87.32%	-0.7%
Feb 2011	87.94%	-3.6%
Nov 2010	91.18%	-1.5%
Aug 2010	92.54%	-1.5%
May 2010	93.94%	0.0%
Feb 2010	93.94%	+3.8%
Nov 2009	90.51%	+2.9%
Aug 2009	87.94%	+5.0%
May 2009	83.78%	+4.9%
Feb 2009	79.87%	+2.8%
Nov 2008	77.71%	+1.5%
Aug 2008	76.58%	+0.2%
May 2008	76.43%	+4.0%
Feb 2008	73.51%	+4.5%
Nov 2007	70.34%	+5.9%
Aug 2007	66.43%	+13.5%
May 2007	58.52%	+6.8%

Month	Value	Change
Feb 2007	54.81%	+4.9%
Nov 2006	52.27%	+3.7%
Aug 2006	50.39%	+0.8%
May 2006	50.00%	+0.9%
Feb 2006	49.57%	+0.0%
Nov 2005	49.55%	-0.9%
Aug 2005	50.00%	-4.9%
May 2005	52.58%	-9.6%
Feb 2005	58.14%	-1.5%
Nov 2004	59.04%	-0.4%
Aug 2004	59.26%	-0.4%
May 2004	59.49%	+6.0%
Feb 2004	56.10%	-0.3%
Nov 2003	56.25%	+1.0%
Aug 2003	55.70%	-1.3%
May 2003	56.41%	-1.3%
Feb 2003	57.14%	-1.3%
Nov 2002	57.89%	-2.6%
Aug 2002	59.46%	+3.4%
May 2002	57.53%	+5.0%
Feb 2002	54.79%	+5.3%
Nov 2001	52.05%	+2.7%
Aug 2001	50.70%	+4.5%
May 2001	48.53%	+3.5%
Feb 2001	46.88%	+3.0%
Nov 2000	45.51%	-2.7%
Aug 2000	46.76%	-0.8%
May 2000	47.15%	+0.6%
Feb 2000	46.88%	+1.9%
Nov 1999	46.02%	+15.0%
Aug 1999	40.00%	-6.5%
May 1999	42.77%	+2.1%
Feb 1999	41.87%	+1.8%
Nov 1998	41.14%	+4.5%
Aug 1998	39.38%	+11.5%
May 1998	35.33%	+2.5%
Feb 1998	34.46%	-15.2%
Nov 1997	40.64%	-20.8%
Aug 1997	51.30%	-32.0%
May 1997	75.49%	+0.3%
Feb 1997	75.29%	+4.6%
Nov 1996	72.01%	+5.4%
Aug 1996	68.29%	-0.1%
May 1996	68.34%	-21.6%
Feb 1996	87.22%	+4.6%
Nov 1995	83.37%	+5.5%
Aug 1995	79.00%	+5.2%
May 1995	75.13%	-15.8%
Feb 1995	89.19%	+7.9%
Nov 1994	82.64%	+9.2%
Aug 1994	75.71%	+6.2%
May 1994	71.32%	-14.5%
Feb 1994	83.41%	+5.1%
Nov 1993	79.40%	+6.1%
Aug 1993	74.87%	+2.4%
May 1993	73.14%	-18.1%
Feb 1993	89.34%	+10.5%
Nov 1992	80.83%	+12.2%
Aug 1992	72.03%	+1.9%
May 1992	70.69%	-40.8%
Feb 1992	119.44%	+3.6%
Nov 1991	115.28%	+3.8%
Aug 1991	111.11%	+5.3%
May 1991	105.56%	-3.2%
Feb 1991	109.09%	+5.9%
Nov 1990	103.03%	+6.2%
Aug 1990	96.97%	+6.7%
May 1990	90.91%	-77.7%
Feb 1990	408.33%	+28.9%
Nov 1989	316.67%	+40.7%
Aug 1989	225.00%	>+9,900.0%
May 1989	0.00%	0.0%
May 1988	0.00%	0.0%
May 1987	0.00%	0.0%
May 1986	0.00%	0.0%
May 1985	0.00%	0.0%
May 1984	0.00%	-

FAQ

What is the current TTM payout ratio of PAYX?
As of today, PAYX TTM payout ratio is 95.64%
What is PAYX TTM payout ratio most recent change?
PAYX TTM payout ratio remained unchanged on January 21, 2026
What is 1-year change in PAYX TTM payout ratio?
PAYX TTM payout ratio is up +18.67% year-over-year
How far is PAYX TTM payout ratio from its all-time high?
PAYX TTM payout ratio is currently -80.87% below its historical high of 500.00% set on April 23, 1990
How does PAYX TTM payout ratio rank versus sector peers?
PAYX TTM payout ratio is higher than 98.13% of companies in Technology sector
When is PAYX next earnings release?
The next earnings release for PAYX is on March 26, 2026
What is PAYX next ex-dividend date?
The next ex-dividend date for PAYX is January 28, 2026

Quarterly Payout Ratio

98.10%3.28%-3.24%

November 30, 2025

Summary

Current Value: As of today, PAYX quarterly payout ratio is 98.10%, down -3.24% on November 30, 2025
Historical Performance: PAYX quarterly payout ratio is up +14.95% year-over-year, and up +24.15% over the past 3 years
All-Time High Comparison: PAYX quarterly payout ratio is currently -41.01% below its historical high of 166.30% set on February 28, 2013
3-Year Low Comparison: PAYX quarterly payout ratio is +61.00% above its 3-year low of 60.93% reached on February 28, 2023
Sector Comparison: PAYX quarterly payout ratio is higher than 97.81% of companies in Technology sector

Performance

PAYX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Nov 30, 25	98.10%	-3.2%	+14.9%	+24.1%	+19.6%
Annual Payout Ratio	May 31, 25	87.40%	–	+12.3%	+21.8%	+7.9%
TTM Payout Ratio	Jan 21, 26	95.64%	+3.5%	+18.7%	+27.6%	+13.1%
Price	Jan 21, 26	$107.19	-16.0%	-26.4%	-9.1%	+22.4%
TTM Dividend Yield	Jan 21, 26	3.94%	+22.0%	+49.8%	+53.3%	+39.2%
Quarterly Dividends Paid	Nov 30, 25	$387.90M	-0.3%	+9.9%	+36.3%	+73.6%
TTM Dividend Per Share	Jan 21, 26	$4.22	+2.4%	+10.2%	+39.3%	+70.2%
Quarterly Free Cash Flow	Nov 30, 25	$378.30M	-41.6%	+54.1%	+33.5%	+109.0%
Quarterly Revenue	Nov 30, 25	$1.56B	+1.1%	+18.3%	+30.9%	+58.3%
Quarterly EPS	Nov 30, 25	$1.10	+3.5%	-4.0%	+10.3%	+45.8%

Quarterly Payout Ratio Highs

PAYX Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	130.99%	May 31, 25	-25.1%
3Y	130.99%	May 31, 25	-25.1%
5Y	130.99%	May 31, 25	-25.1%
All	166.30%	Feb 28, 13	-41.0%

Quarterly Payout Ratio Lows

PAYX Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	67.98%	Feb 28, 25	+44.3%
3Y	60.93%	Feb 28, 23	+61.0%
5Y	55.37%	Feb 28, 22	+77.2%
All	0.00%	May 31, 13	N/A

Quarterly Payout Ratio History

Month	Value	Change
Nov 2025	98.10%	-3.2%
Aug 2025	101.38%	-22.6%
May 2025	130.99%	+92.7%
Feb 2025	67.98%	-20.3%
Nov 2024	85.34%	+3.2%
Aug 2024	82.69%	-11.0%
May 2024	92.87%	+44.5%
Feb 2024	64.26%	-21.2%
Nov 2023	81.54%	+6.2%
Aug 2023	76.79%	-16.1%
May 2023	91.58%	+50.3%
Feb 2023	60.93%	-22.9%
Nov 2022	79.02%	+5.3%
Aug 2022	75.05%	-21.9%
May 2022	96.05%	+73.5%
Feb 2022	55.37%	-22.8%
Nov 2021	71.76%	+0.5%
Aug 2021	71.37%	-21.2%
May 2021	90.57%	+41.8%
Feb 2021	63.85%	-22.2%
Nov 2020	82.05%	-22.2%
Aug 2020	105.48%	+4.6%
May 2020	100.86%	+60.7%
Feb 2020	62.76%	-27.0%
Nov 2019	85.93%	+2.3%
Aug 2019	84.03%	-13.1%
May 2019	96.74%	+56.1%
Feb 2019	61.98%	-27.4%
Nov 2018	85.37%	+3.3%
Aug 2018	82.68%	-10.5%
May 2018	92.33%	+88.5%
Feb 2018	48.97%	-45.9%
Nov 2017	90.44%	+6.3%
Aug 2017	85.12%	+0.5%
May 2017	84.69%	+3.7%
Feb 2017	81.68%	-0.1%
Nov 2016	81.74%	+6.9%
Aug 2016	76.49%	-10.1%
May 2016	85.06%	+1.4%
Feb 2016	83.92%	+4.7%
Nov 2015	80.18%	+10.4%
Aug 2015	72.64%	-14.8%
May 2015	85.24%	+4.5%
Feb 2015	81.58%	+2.3%
Nov 2014	79.71%	-1.3%
Aug 2014	80.74%	-7.4%
May 2014	87.18%	+9.3%
Feb 2014	79.76%	-1.0%
Nov 2013	80.53%	+2.5%
Aug 2013	78.56%	>+9,900.0%
May 2013	0.00%	-100.0%
Feb 2013	166.30%	+105.0%
Nov 2012	81.14%	+6.7%
Aug 2012	76.03%	-19.3%
May 2012	94.24%	+10.1%
Feb 2012	85.60%	+3.6%
Nov 2011	82.62%	+9.4%
Aug 2011	75.49%	-20.1%
May 2011	94.53%	+10.0%
Feb 2011	85.91%	+2.5%
Nov 2010	83.79%	-1.3%
Aug 2010	84.91%	-12.6%
May 2010	97.10%	-3.0%
Feb 2010	100.13%	+12.4%
Nov 2009	89.09%	-1.8%
Aug 2009	90.69%	-7.8%
May 2009	98.37%	+14.9%
Feb 2009	85.59%	+7.2%
Nov 2008	79.82%	+6.1%
Aug 2008	75.25%	-5.8%
May 2008	79.85%	+5.2%
Feb 2008	75.92%	+0.8%
Nov 2007	75.32%	-1.0%

Month	Value	Change
Aug 2007	76.11%	+14.8%
May 2007	66.27%	+4.6%
Feb 2007	63.33%	+5.0%
Nov 2006	60.31%	+33.8%
Aug 2006	45.07%	-9.1%
May 2006	49.57%	-6.5%
Feb 2006	53.04%	-1.6%
Nov 2005	53.90%	+25.8%
Aug 2005	42.83%	-11.7%
May 2005	48.50%	-8.5%
Feb 2005	53.02%	-6.4%
Nov 2004	56.62%	+9.5%
Aug 2004	51.73%	-30.0%
May 2004	73.85%	+31.2%
Feb 2004	56.28%	+0.3%
Nov 2003	56.13%	+8.8%
Aug 2003	51.60%	-11.1%
May 2003	58.07%	+0.3%
Feb 2003	57.89%	+4.4%
Nov 2002	55.44%	+2.1%
Aug 2002	54.30%	-9.8%
May 2002	60.20%	-2.3%
Feb 2002	61.60%	+2.7%
Nov 2001	59.99%	+25.0%
Aug 2001	47.98%	-3.4%
May 2001	49.67%	-1.8%
Feb 2001	50.60%	-6.3%
Nov 2000	54.00%	+41.8%
Aug 2000	38.09%	-12.0%
May 2000	43.26%	-3.6%
Feb 2000	44.87%	-7.6%
Nov 1999	48.55%	+41.3%
Aug 1999	34.35%	-11.9%
May 1999	38.99%	-4.4%
Feb 1999	40.77%	-6.9%
Nov 1998	43.81%	+40.4%
Aug 1998	31.21%	-10.6%
May 1998	34.90%	-5.9%
Feb 1998	37.10%	-6.2%
Nov 1997	39.56%	+40.1%
Aug 1997	28.24%	-9.6%
May 1997	31.25%	-7.2%
Feb 1997	33.68%	-6.2%
Nov 1996	35.91%	+33.5%
Aug 1996	26.90%	-32.4%
May 1996	39.77%	+25.1%
Feb 1996	31.78%	-0.8%
Nov 1995	32.03%	+44.7%
Aug 1995	22.13%	-13.9%
May 1995	25.71%	-66.8%
Feb 1995	77.42%	+312.9%
Nov 1994	18.75%	0.0%
Aug 1994	18.75%	-22.9%
May 1994	24.32%	-10.8%
Feb 1994	27.27%	+7.6%
Nov 1993	25.35%	+45.8%
Aug 1993	17.39%	-23.2%
May 1993	22.64%	-17.0%
Feb 1993	27.27%	+18.2%
Nov 1992	23.08%	+47.1%
Aug 1992	15.69%	-31.4%
May 1992	22.86%	-14.3%
Feb 1992	26.67%	+44.8%
Nov 1991	18.42%	-10.5%
Aug 1991	20.59%	-41.2%
May 1991	35.00%	+10.8%
Feb 1991	31.58%	+26.3%
Nov 1990	25.00%	+45.0%
Aug 1990	17.24%	-48.3%
May 1990	33.33%	-13.3%
Feb 1990	38.46%	+107.7%
Nov 1989	18.52%	+25.1%
Aug 1989	14.81%	-

FAQ

What is the current quarterly payout ratio of PAYX?
As of today, PAYX quarterly payout ratio is 98.10%
What is PAYX quarterly payout ratio most recent change?
PAYX quarterly payout ratio was down -3.24% on November 30, 2025
What is 1-year change in PAYX quarterly payout ratio?
PAYX quarterly payout ratio is up +14.95% year-over-year
How far is PAYX quarterly payout ratio from its all-time high?
PAYX quarterly payout ratio is currently -41.01% below its historical high of 166.30% set on February 28, 2013
How does PAYX quarterly payout ratio rank versus sector peers?
PAYX quarterly payout ratio is higher than 97.81% of companies in Technology sector
When is PAYX next earnings release?
The next earnings release for PAYX is on March 26, 2026
What is PAYX next ex-dividend date?
The next ex-dividend date for PAYX is January 28, 2026

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

PAYX Official Website www.paychex.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/723531/000119312525325838/0001193125-25-325838-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/723531/000095017025095300/0000950170-25-095300-index.htm
PAYX Profile on Yahoo Finance finance.yahoo.com/quote/PAYX
PAYX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/payx