Paycom Software, Inc. (NYSE:PAYC) has declared a quarterly dividend of $0.375 per share, resulting in an annualized dividend of $1.50 and a yield of 1.3%. The dividend is well-covered by earnings, with a current payout ratio of 15.1% and an expected future payout ratio of 18.8%. Despite recent stock trading near a 12-month low, the company maintains a solid market capitalization and P/E ratio.
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Paycom Software, Inc. (NYSE:PAYC) to Issue Quarterly Dividend of $0.38
Paycom Software, Inc. (NYSE:PAYC) has declared a quarterly dividend of $0.375 per share, resulting in an annualized dividend of $1.50 and a yield of 1.3%. The dividend is well-covered by earnings, with a current payout ratio of 15.1% and an expected future payout ratio of 18.8%. Despite recent stock trading near a 12-month low, the company maintains a solid market capitalization and P/E ratio.