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News Breaks
December 10, 2012
16:09 EDTPAYXPaychex accelerates dividend payments for two quarters
The board of Paychex declared an accelerated dividend for the 3Q13 and 4Q13 totaling 66c per share of common stock. The accelerated dividend is intended by the board to be in lieu of quarterly dividends Paychex would otherwise have announced in Q3 and Q4, and paid in February and May 2013. The accelerated dividend is payable December 28 to shareholders of record December 20.
News For PAYX From The Last 14 Days
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September 25, 2014
08:39 EDTPAYXGoldman says to buy Paychex following the solid quarter
Goldman said to buy Paychex following the solid quarter and notes payroll services revenues accelerated, double digit HR services growth, and positive momentum in new unit sales. The firm believes market concerns regarding increasing competition from cloud vendors is overdone and recommends buying shares for further acceleration. Shares are Conviction Buy rated with a $50 price target.
September 24, 2014
08:35 EDTPAYXPaychex sees FY15 payroll services revenue 3%-5%
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08:32 EDTPAYXPaychex reports Q1 Human Resources Services revenue $234.8M
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08:31 EDTPAYXPaychex reports Q1 EPS 47c, consensus 46c
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September 23, 2014
15:27 EDTPAYXNotable companies reporting before tomorrow's open
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14:46 EDTPAYXPaychex technical remarks before earnings
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