ROCHESTER, N.Y.--(BUSINESS WIRE)--
The Board of Directors of Paychex, Inc. (NASDAQ:PAYX) yesterday declared
a nearly 9% increase in the Company’s regular quarterly dividend. The
dividend, increasing from $.35 per share to$.38per
share, is payable August 15, 2014 to shareholders of record August 1,
Paychex, Inc. is a leading provider of payroll, human resource,
insurance, and benefits outsourcing solutions for small- to medium-sized
businesses. The company offers comprehensive payroll services, including
payroll processing, payroll tax administration, and employee pay
services, including direct deposit, check signing, and Readychex®.
Human Resource Services include 401(k) plan recordkeeping, section 125
plans, a professional employer organization, time and attendance
solutions, and other administrative services for business. A variety of
business insurance products, including group health and workers’
compensation, are made available through Paychex Insurance Agency, Inc.Paychex, Inc. was founded in 1971. With headquarters in Rochester, New
York, the company has more than 100 offices serving approximately
580,000 payroll clients as of May 31, 2014. For more information about
Paychex, Inc. and its products, visit www.paychex.com.
Efrain Rivera, Chief Financial Officer
Terri Allen, 585-383-3406
Source: Paychex, Inc.