Paychex (PAYX) Dividend Coverage Ratio (2009 - 2026)
Paychex's (PAYX) quarterly Dividend Coverage Ratio came in at 0.99 in Q2 2026, up 29.73% year-over-year from 0.76 in Q2 2025, and down 31.45% quarter-over-quarter from 1.44 in Q1 2026.
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Analysis
Paychex (PAYX) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Paychex has disclosed Dividend Coverage Ratio across 18 years of filings, most recently posting 0.99 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 29.73% year-over-year to 0.99; the TTM figure through May 2026 stood at 1.11 (down 3.23% YoY), while the FY2026 annual figure was 1.11, down 3.23% from the prior year.
- Dividend Coverage Ratio came in at 0.99 for Q2 2026 at Paychex, down from 1.44 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 1.81 in Q1 2022 to a low of 0.76 in Q2 2025.
- Average Dividend Coverage Ratio over 5 years is 1.24, with a median of 1.22 recorded in 2023.
- Year-over-year, Dividend Coverage Ratio sank 67.59% in 2022 and gained 29.73% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 1.27 in 2022, then retreated by 3.09% to 1.23 in 2023, then dropped by 4.46% to 1.17 in 2024, then declined by 13.01% to 1.02 in 2025, then slipped by 2.89% to 0.99 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.99 in Q2 2026, 1.44 in Q1 2026, and 1.02 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 2.99 |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | - |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 9.45 |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 1.43 |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 1.09 |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | - |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 0.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.01 |
| May 31, 2026 | 0.99 |
| Feb 28, 2026 | 1.44 |
| Nov 30, 2025 | 1.02 |
| Aug 31, 2025 | 0.99 |
| May 31, 2025 | 0.76 |
| Feb 28, 2025 | 1.47 |
| Nov 30, 2024 | 1.17 |
| Aug 31, 2024 | 1.21 |
| May 31, 2024 | 1.08 |
| Feb 29, 2024 | 1.56 |
| Nov 30, 2023 | 1.23 |
| Aug 31, 2023 | 1.30 |
| May 31, 2023 | 1.09 |
| Feb 28, 2023 | 1.64 |
| Nov 30, 2022 | 1.27 |
| Aug 31, 2022 | 1.33 |
| May 31, 2022 | 1.04 |
| Feb 28, 2022 | 1.81 |
| Nov 30, 2021 | 1.39 |
API Access
Paychex Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();