Paychex Payout Ratio TTM Chart by YCharts It seems a bit surprising that Paychex (PAYX), the payroll processor that focuses on smaller employers, is handing out more of its earnings in dividends than a major pharmaceutical company, Bristol-Myers Squibb (BMY), which makes Abilify, a treatment for szhizophrenia and bipolar disorder. Each has a 4.1% dividend ...