Paychex rises; declares quarterly dividend

By Reuters News

** Shares of payroll and HR services provider Paychex PAYX.O rise 3.7% to $112.42 in early trading

** Co declares regular quarterly cash dividend of $1.19 per share

** Dividend payable on Nov. 25 to shareholders of record as of Oct. 26

** Average rating of 20 analysts is "hold"; median PT is $111 - data compiled by LSEG

** Up to last close, stock down about 3% YTD

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