Paychex provides a variety of payroll and human resource products and services to businesses in more than 100 locations across the U.S. The company also provides human resource outsourcing solutions for any size business through its Paychex HR Solutions and alos provides services to meet the requirements of mid-to-large sized businesses with its Paychex One-Source Solutions service. PAYX shares are a component of the S&P 500.
Key Products & Services:
Payroll calculations, tax filing, administering retirement plans and workers' compensation plans
Target Investor:
Style:
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Risk:
| Key Statistics | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|---|---|
| Revenue ($ millions) | $1,445.1 | $1,674.6 | $1,887.0 | $2,066.3 | $2,082.8 | $2,000.8 |
| EPS | $0.97 | $1.22 | $1.35 | $1.56 | $1.48 | $1.32 |
| Dividend | $0.51 | $0.61 | $0.79 | $1.20 | $1.24 | $1.24 |
DRIP Plan Summary:
Shares Needed to Qualify: 1
Minimum Additional Investment: $100
Maximum Additional Investment: $10,000/transaction
Additional Purchase Discount: None
Purchase Trading Fee: Company paid
Dividend Reinvestment Trading Fee: Company paid
Dividend Reinvestment Service Fee: Company paid
Plan Prospectus
Investor Contact Information:
Transfer Agent: American Stock Transfer & Trust Company
Mail:
59 Maiden Lane
New York, NY 10038
Phone: 877-814-9688
IR website: http://investor.paychex.com/
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