Hot Dividend Stocks To Buy Right Now

Hot Dividend Stocks To Buy Right Now: Paychex Inc.(PAYX)

Paychex Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small-to medium-sized businesses in the United States and Germany. It offers payroll processing services, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients? payroll obligations. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative, as well as provides employee handbooks, management manuals, and r equired regulatory forms. In addition, the company offers retirement services administration; workers? compensation; business-owner policies; commercial auto; and health and benefits coverage, including health, dental, vision, and life. Further, it provides online human resource administration software products for employee benefits management and administration, and time and attendance solutions. As of May 31, 2010, the company served approximately 536,000 clients in the United States; and 1,700 clients in Germany. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

Advisors' Opinion:

• [By Mike Deane]

  Paychex (PAYX) reported its second quarter results before the opening bell on Friday morning, posting higher revenue and earnings compared to last year’s Q2 figures.

  PAYX’s Earnings in Brief

  ! Paychex reported second quarter revenues of $676.3 million, which is up from last year’s Q2 revenues of $616.4 million. Net income for the quarter came in at $173 million, or 47 cents per diluted share, up from last year’s Q2 figures of $158.7 million, or 43 cents per diluted share. The company's earnings met analysts’ estimates of 47 cents per share, while revenues came in above the expectation of $672.61 million. Looking ahead, PAYX has reaffirmed its FY2015 guidance, and still sees revenue rising between 8% and 10%, and sees net income rising between 6% and 8%.

  CEO Commentary

  PAYX president and CEO Martin Mucci had the following comments: "Our results for the second quarter reflected growth and progress against key initiatives. We have experienced strong demand for our comprehensive suite of human resource outsourcing services, while payroll services revenue continues to advance. During the second quarter, we introduced Paychex Flex, an industry-leading solution that streamlines workforce management through innovative technology and flexible choice of service. This cloud-based platform with mobility applications offers powerful capabilities in a simple user experience that responds to the needs of our clients across the human capital management spectrum."

  PAYX’s Dividend

  PAYX paid its most recent quarterly dividend of 38 cents on November 20. We expect the company to declare its next dividend in mid-January.

  Stock Performance

  PAYX stock was inactive in pre-market trading. YTD, the stock is up 4.88%.

  PAYX Dividend Snapshot

  As of Market Close on December 18, 2014

  Click here to see the complete history of PAYX dividends.

• [By Brian O'Connell]

  It looks very much like American investors are hunkering down and looking for value, after a week that saw a a decline of almost 3 percent in the U.S. gross domestic product during the first quarter of 2014, and after hints the Federal Reserve ! will hike! interest rates in early 2015 to combat rising inflation.
  
  That's where good, old-fashioned value investing – the term that made Warren Buffett famous – comes into play these days. Why Buffett? He is the classic "slow and steady wins the race" investor, and he habitually seeks to take risk out of the equation with his stock picks.
  
  That's the model investors want to emulate now, especially with the economy in such a precarious position, and one value play that stocks to the script is Paychex (NASDAQ: PAYX), the Rochester, N.Y.-based provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.
  
  Why Paychex? The stock is exactly the type of steady, dependable growth company that investors want and need in a risk-heavy trading environment.
  
  A thumbnail sketch of what exactly Paychex does is a good indicator of why it fits the value model right now. It's the boring, but money-making, model that businesses absolutely have to have to keep their finances in order, and Paychex does it all in a thorough and efficient way.
  
  This from the company's web site:

• [By Rich Bieglmeier]

  Paychex, Inc. (NASDAQ:PAYX) will release financial results for the fiscal 2014 fourth quarter and full year ended May 31, 2014 via Business Wire after the financial markets close on Tuesday, July 1, 2014.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-dividend-stocks-to-buy-right-now-3.html