Paychex Payout ratio
What is the Payout ratio of Paychex?
The Payout ratio of Paychex Inc. is 79.74%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Industrials sector on NASDAQ compared to Paychex
What does Paychex do?
paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.
Companies with payout ratio similar to Paychex
- Flushing has Payout ratio of 79.52%
- ConvaTec Plc has Payout ratio of 79.54%
- Starbucks has Payout ratio of 79.61%
- Somero Enterprises has Payout ratio of 79.61%
- Tech Mahindra has Payout ratio of 79.70%
- Bharti Airtel has Payout ratio of 79.70%
- Paychex has Payout ratio of 79.74%
- Equinor ASA has Payout ratio of 79.75%
- RITES has Payout ratio of 79.75%
- Artisan Partners Asset Management Inc has Payout ratio of 79.82%
- Avient has Payout ratio of 79.84%
- STV Plc has Payout ratio of 79.95%
- Rane Brake Lining has Payout ratio of 79.97%