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Paychex Declares Quarterly Dividend of $0.35 per Share

paychexPaychex (NASDAQ:PAYX) has declared a quarterly dividend of $.35 per share, which will be payable on 17th February 2014 to shareholders of record on 3rd February 2014.

Paychex, Inc. is a provider of payroll, human resource, insurance and benefits outsourcing solutions for small to medium sized businesses. In the fiscal year 2013, Paychex recorded revenues of $2.3 billion.

The business was founded by B. Thomas Golisano in 1971 in Rochester, New York. The company now has over 100 additional offices throughout the United States, approximately 12,000 employees and around 570,000 payroll clients.

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Editors and staff from the Business Desk at The Global Herald.

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