Paychex is a provider of human capital management solutions. Co.'s solutions include: payroll processing services, which include the calculation, preparation, and delivery of employee payroll checks and production of internal accounting records and management reports; payroll tax administration services, which provide for preparation and filing of quarterly and year-end tax returns, as well as the electronic transfer of funds to the applicable federal, state, and local tax or regulatory agencies; and regulatory compliance services, which provide new-hire reporting services that enable clients to comply with federal and state requirements to report information on newly hired employees. The Paychex YTD return is shown above.
The YTD Return on the Paychex YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether Paychex YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PAYX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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