Paychex Declares 31 Cent Dividend
January 11, 2010 (FinancialWire) — Paychex, Inc.’s (NASDAQ: PAYX) board has declared a regular quarterly dividend of $.31 per share payable February 16, 2010 to shareholders of record February 1, 2010.
New York-based Paychex is a provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.
The company offers payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex.
Its Human Resource Services include 401(k) plan recordkeeping, health insurance, workers’ compensation administration, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business.
Paychex has more than 100 offices serving approximately 554,000 payroll clients nationwide as of May 31, 2009.
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