Paychex Declares Quarterly Dividend

The Board of Directors of Paychex, Inc. (NASDAQ: PAYX) has declared a regular quarterly dividend of $.11 per share payable May 15, 2003 to shareholders of record May 1, 2003. Paychex, Inc. is a national 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(R). Human resource and benefits outsourcing services include 401(k) plan recordkeeping, wor...