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Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

Paycom Software Dividend Announcement

Paycom Software announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-25
Paycom Software annual dividend for 2024 was $1.50
Paycom Software annual dividend for 2023 was $1.12
Paycom Software's trailing twelve-month (TTM) dividend yield is 0.64%
Paycom Software's payout ratio for the trailing twelve months (TTM) is 18.11%

Paycom Software Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-25$0.38quarterly2024-12-09
2024-08-26$0.38quarterly2024-09-09
2024-05-24$0.38quarterly2024-06-10
2024-03-01$0.38quarterly2024-03-18
2023-11-24$0.38quarterly2023-12-11
2023-08-25$0.38quarterly2023-09-11
2023-05-26$0.38quarterly2023-06-12

Paycom Software Dividend per year

Paycom Software Dividend Yield

Paycom Software current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Paycom Software stock? Use our calculator to estimate your expected dividend yield:

Paycom Software Financial Ratios

P/E ratio27.91
PEG ratio-0.29
P/B ratio8.96
ROE33.39%
Payout ratio18.11%
Current ratio1.19
Quick ratio1.19
Cash Ratio0.20

Paycom Software Dividend FAQ

Does Paycom Software stock pay dividends?
Paycom Software does not currently pay dividends to its shareholders.
Has Paycom Software ever paid a dividend?
No, Paycom Software has no a history of paying dividends to its shareholders. Paycom Software is not known for its dividend payments.
Why doesn't Paycom Software pay dividends?
There are several potential reasons why Paycom Software would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Paycom Software ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Paycom Software has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Paycom Software a dividend aristocrat?
Paycom Software is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Paycom Software a dividend king?
Paycom Software is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Paycom Software a dividend stock?
No, Paycom Software is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Paycom Software stocks?
To buy Paycom Software you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Paycom Software stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.