Key Developments For Paychex Inc
Paychex Inc (PAYX.O) (Nasdaq)
Paychex, Inc. Announces Sale of Stromberg to Kronos
Paychex, Inc. announced the sale of Stromberg, a time and attendance company serving mid- to large-sized businesses, to Kronos Incorporated, a company in workforce management solutions. Terms of the transaction were not disclosed.
Paychex, Inc. Declares Quarterly Dividend
Paychex, Inc. announced that the Board of Directors have declared a regular quarterly dividend of $.31 per share payable November 16, 2009, to shareholders of record November 2, 2009.
Paychex, Inc. Declares Quarterly Dividend
Paychex, Inc. announced that the Board of Directors of have declared a regular quarterly dividend of $.31 per share payable May 15, 2009, to shareholders of record May 1, 2009.
Paychex, Inc. Revises FY 2009 Revenue Guidance; Reaffirms FY 2009 Earnings Guidance
Paychex, Inc. revises fiscal 2009 guidance and expects revenue growth of 3%-5% and net income of (7%)-(5%). Growth in operating income, net of certain items, is expected to approximate 5% to 8% for fiscal 2009. The Company reported revenues of $2.066 billion, EBIT of $828.27 million and net income of $576.15 million in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $2.115 billion, EBIT of $812.51 million and net income of $540.13 million for fiscal 2009.
Paychex, Inc. Declares Quarterly Dividend
Paychex, Inc. announced that it has declared a regular quarterly dividend of $.31 per share payable February 16, 2009 to shareholders of record February 1, 2009.
