0000723531-12-000006.txt : 20121210 0000723531-12-000006.hdr.sgml : 20121210 20121210161514 ACCESSION NUMBER: 0000723531-12-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121210 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121210 DATE AS OF CHANGE: 20121210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAYCHEX INC CENTRAL INDEX KEY: 0000723531 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700] IRS NUMBER: 161124166 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11330 FILM NUMBER: 121253278 BUSINESS ADDRESS: STREET 1: 911 PANORAMA TRAIL S CITY: ROCHESTER STATE: NY ZIP: 14625-0397 BUSINESS PHONE: 5853856666 MAIL ADDRESS: STREET 1: 911 PANORAMA TRAIL SOUTH CITY: ROCHESTER STATE: NY ZIP: 14625-0397 8-K 1 a8-k12x10x12dividend.htm 8-K 8-K 12-10-12 Dividend


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: December 10, 2012
(Date of earliest event reported)
 
PAYCHEX, INC.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
DELAWARE
 
0-11330
 
16-1124166
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification Number)
 
 
 
 
 
 
911 PANORAMA TRAIL SOUTH,
ROCHESTER, NEW YORK
 
14625-2396
(Address of principal executive offices)
 
(Zip Code)
(585) 385-6666
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))








ITEM 8.01
OTHER EVENTS
 
 On December 10, 2012, the Board of Directors (the “Board”) of Paychex, Inc. (the “Company”) declared a dividend of $0.66 per share payable December 28, 2012 to shareholders of record on December 20, 2012. This accelerated dividend is intended by the Board to be lieu of quarterly dividends the Company would have otherwise declared for the third and fourth quarters of the fiscal year ended May 31, 2013 and that would have been paid in calendar year 2013.


ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS.

The following exhibit is filed with this Current Report on Form 8-K.

Exhibit 99.1: Press Release of Paychex, Inc. dated December 10, 2012.






SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
PAYCHEX, INC.
 

 
 
 
 
 
 
 
Date:
December 10, 2012
 
 
 
/s/ Martin Mucci
 
 
 
 
 
 
Martin Mucci
 
 
 
 
 
 
President and Chief Executive Officer
 
 
 
 
Date:
December 10, 2012
 
 
 
/s/ Efrain Rivera
 
 
 
 
 
 
Efrain Rivera
 
 
 
 
 
 
Senior Vice President, Chief Financial Officer, and Treasurer





 EX-99 2 a12-10x12pressrelease.htm EXHIBIT 12-10-12 Press Release


EXHIBIT 99.1


PRESS RELEASE OF PAYCHEX, INC. DATED DECEMBER 10, 2012

For Immediate Release


Paychex Accelerates Dividend Payments for Two Quarters
Company to pay Q3 and Q4 dividends for fiscal 2013 in December 2012


Rochester, N.Y. (December 10, 2012) - The Board of Directors of Paychex, Inc. (NASDAQ:PAYX), a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses, today declared an accelerated dividend for the third and fourth quarters of fiscal 2013 totaling $.66 per share of common stock. The accelerated dividend is intended by the Board to be in lieu of quarterly dividends Paychex would otherwise have announced in the third and fourth quarters of fiscal 2013, and paid in February and May 2013.

The accelerated dividend is payable December 28, 2012 to shareholders of record December 20, 2012.

“The Board's vote today in support of the dividend acceleration is very consistent with Paychex's shareholder-friendly approach,” said Martin Mucci, Paychex president and chief executive officer. “We do expect taxes on dividends to increase, and we are in a position to accelerate dividend payments, so taking this step is another reflection of our commitment to delivering shareholder value.”

About Paychex
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.  The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971.  With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 567,000 payroll clients as of May 31, 2012.  For more information about Paychex and our products, visit www.paychex.com.



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Media Contact
Laura Saxby Lynch
Director, Corporate Communications
Paychex, Inc.
585-383-3074
Email: lsaxbylynch@paychex.com
Twitter: @PaychexNews