2023 record year for Paychex

Huge dividend Paychex

Investors in Paychex can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Per share the analysts anticipate on a dividend of 3.52 USD per share. Thus the dividend yield equals 3.08 percent. The average dividend yield of the IT-companies equals an attractive 1.73 percent.

Dividend returns Paychex

Tomorrow Paychex will publish its past quarters results. Over the current book year the company from could achieve a revenue around 5.33 billion USD (consensus estimates). The expected revenue would be a record for the company. This is slightly more than 2022's revenue of 5.01 billion USD.

Historical revenues and results Paychex plus estimates 2023

The analysts expect for 2023 a net profit of 1.69 billion USD. According to most of the analysts the company will have a profit per share for this book year of 4.68 USD. Based on this the price/earnings-ratio is 24.43.

Paychex 's market value equals around 41.15 billion .

Historical stock prices Paychex

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