Paychex, Inc. (PAYX) Ex-Dividend Date Scheduled for December 18, 2012


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Paychex, Inc. ( PAYX ) has announced an ex-dividend date of December 18, 2012 and a cash dividend payment of $0.66 per share scheduled for December 28, 2012. Shareholders who purchased PAYX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $33.71, the dividend yield is 7.83%.

The previous trading day's last sale of PAYX was $33.71, representing a -2.85% decrease from the 52 week high of $34.70 and a 17.21% increase over the 52 week low of $28.76.

PAYX is a part of the Consumer Services sector, which includes companies such as ADT Corporation ( ADT ) and United Rentals, Inc. ( URI ). PAYX's current earnings per share, an indicator of a company's profitability, is $1.52. Zacks Investment Research reports PAYX's forecasted earnings growth in 2013 as 6.88%, compared to an industry average of .7%.

For more information on the declaration, record and payment dates, visit the PAYX Dividend History page.

Interested in gaining exposure to PAYX through an Exchange Traded Fund [ETF]?
The following ETF(s) have PAYX as a top-10 holding:

  • PowerShares Morningstar StockInvestor Core Portfolio ( PYH )
  • iShares MSCI USA Minimum Volatility Index Fund ( USMV ).

The top-performing ETF of this group is PYH with an increase of 14.82% over the last 100 days. It also has the highest percent weighting of PAYX at 2.86%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: ADT , PAYX , PYH , URI , USMV

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