ROCHESTER, N.Y. — Paychex, Inc. (NASDAQ: PAYX) announced Thursday it is increasing the quarterly dividend it pays shareholders to 38 cents a share from 35 cents.
At the company’s current stock price, the new annual dividend yield amounts to about 3.6 percent, up from 3.4 percent before the increase.
The next Paychex dividend payment is payable Aug. 15, to shareholders of record Aug. 1.
(Sponsored)
The End of Non-Compete Agreements in New York?
Among the tidal wave of changes impacting employers, ranging from updated anti-harassment laws, restrictions on absenteeism policies and new pay transparency rules, New York is now poised to restrict the
When Can an Employer Request an Applicant’s or Employee’s Salary History?
In a tight labor market, many employers struggle to provide the most competitive employment offers, including competitive salaries and wages. Are employers permitted to request an applicant’s current salary in
Rochester–based Paychex provides payroll, human resources, insurance, and benefits-outsourcing services to small and medium-sized businesses. It is the largest payroll-preparation company in the 16-county Central New York market with 6,800 CNY payroll-service clients, according to CNYBJ Research.
Paychex has more than 100 offices companywide, including CNY locations in Salina and Vestal.
Contact Rombel at arombel@cnybj.com
