Paychex (PAYX) Dividend Coverage Ratio (2009 - 2026)

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.