A maker of cloud-based payroll and human-resources software, Paycom lets businesses run hiring, benefits, time tracking, and paychecks from one online platform. One of the first companies to process payroll entirely over the internet, it was founded in 1998 in Oklahoma City by Chad Richison, who often had to demo his newfangled web system in person to win over skeptical clients. Its Beti feature lets employees double-check and approve their own pay before it's finalized.
Paycom declares quarterly cash dividend of $0.375 per share
On August 3, 2026, Paycom Software, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.375 per share of common stock.
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The dividend will be paid on September 8, 2026, to stockholders of record as of the close of business on August 24, 2026.
The announcement was made via a press release dated August 3, 2026, which is attached as Exhibit 99.1 to the Form 8-K.
The report was filed under Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits).
8.01 Other Events · 9.01 Financial Statements and Exhibits
Paycom expands board to eight, appoints Craig Boelte and William Kerber as directors
William Kerber was also appointed to the audit committee concurrently with his board appointment.
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On July 8, 2026, Paycom's board increased from six to eight directors and appointed Craig E. Boelte as a Class I director and William Kerber as a Class III director.
Craig Boelte, 62, is Paycom's former CFO (2006–2025) and now manages his family office and serves on Kirkpatrick Bank's board.
William Kerber, 50, is CEO of Human Mode, LLC and previously served as Paycom's CIO from 2007 to 2017.
Both new directors will receive the company's standard non-employee director compensation as described in the April 2, 2026 proxy statement.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Paycom declares $0.375 quarterly dividend and approves $2.0B buyback
On May 4, 2026, Paycom's Board declared a regular quarterly cash dividend of $0.375 per share, payable June 8, 2026, to stockholders of record on May 26, 2026.
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The Board also approved a new stock repurchase plan authorizing up to $2.0 billion of common stock repurchases, with no expiration date.
Repurchases may be made in open market transactions, privately negotiated deals, accelerated share repurchases, or via Rule 10b5-1 programs, at the discretion of a Board committee.
The repurchase plan may be suspended or discontinued at any time and depends on market conditions and other factors.
The press release announcing the dividend is attached as Exhibit 99.1 to the 8-K.
8.01 Other Events · 9.01 Financial Statements and Exhibits
Paycom enters amended credit agreement with $2.125B revolving facility
On April 23, 2026, Paycom Software, Inc. and its subsidiary Paycom Payroll, LLC entered into an Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent and other lenders.
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The new senior secured revolving credit facility provides up to $2.125 billion, with an option to request an additional $750.0 million incremental facility.
All loans under the agreement mature on April 23, 2031, and are secured by a senior security interest in all personal property of the loan parties.
As of April 23, 2026, approximately $675 million was outstanding under the revolving credit facility.
Proceeds are intended for working capital, general corporate purposes, permitted acquisitions, and share repurchases.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits