<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/'><id>tag:blogger.com,1999:blog-2371295367923834063.post5544516046387226236..comments</id><updated>2008-09-12T17:53:30.010-05:00</updated><category term='classics'/><category term='VideoLink'/><category term='DIV-Net'/><category term='tools'/><category term='personal'/><category term='admin'/><category term='who is...'/><category term='analysis'/><category term='carnival'/><category term='process'/><category term='guest posts'/><category term='models'/><category term='ArticleLinks'/><category term='quotes'/><category term='tease'/><category term='commentary'/><category term='WML-Net'/><category term='links'/><category term='progress'/><category term='basics'/><category term='pcp'/><title type='text'>Comments on Dividends4Life: Stock Analysis: PAYX</title><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://www.dividends4life.com/feeds/5544516046387226236/comments/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html'/><author><name>D4L</name><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='28' height='32' src='http://4.bp.blogspot.com/_XUD5K9wgUGI/SO43ixq0pAI/AAAAAAAAAkA/X8HNvn0Z20I/S220/!avatar.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>6</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-8479547539296440512</id><published>2008-09-12T17:53:00.000-05:00</published><updated>2008-09-12T17:53:00.000-05:00</updated><title type='text'>Anon:The formula is:&lt;br&gt;&lt;br&gt;current dividend / avg...</title><summary type='text'>Anon:The formula is:&lt;BR/&gt;&lt;BR/&gt;current dividend / avg(5-year high div. yield)&lt;BR/&gt;&lt;BR/&gt;with numbers:&lt;BR/&gt;&lt;BR/&gt;58.40 = 1.02/ avg(0.61/32.98 + 0.51/28.6 + 0.47/28.83 + 0.44/23.76 + 0.33/20.39)&lt;BR/&gt;&lt;BR/&gt;Best Wishes,&lt;BR/&gt;D4L</summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/8479547539296440512'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/8479547539296440512'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1221259980000#c8479547539296440512' title=''/><author><name>Dividends4Life</name><uri>http://www.dividends4life.com</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img1.blogblog.com/img/blank.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1989727501'/></entry><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-5593745516957543843</id><published>2008-09-12T10:13:00.000-05:00</published><updated>2008-09-12T10:13:00.000-05:00</updated><title type='text'>I'm trying to recreate your calcs and cannot get y...</title><summary type='text'>I'm trying to recreate your calcs and cannot get your avg high yield price. I get 35.05 using your narrative--avg(current yr dividend/each of last 5 years high yield). What am I doing wrong. I got avg pe price and graham number that you did.&lt;BR/&gt;&lt;BR/&gt;thanks for the blog.</summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/5593745516957543843'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/5593745516957543843'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1221232380000#c5593745516957543843' title=''/><author><name>Anonymous</name><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img1.blogblog.com/img/blank.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-455650466'/></entry><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-8603733794426201245</id><published>2007-11-04T21:12:00.000-06:00</published><updated>2007-11-04T21:12:00.000-06:00</updated><title type='text'>Div Guy: I try to balance the lower yield/higher g...</title><summary type='text'>Div Guy: I try to balance the lower yield/higher growth stocks with a select few higher yield/lower growth stocks.  I have a position in ACAS that I am looking to increase in November.  I have been in and out of SFI (currently) out, and considering going long in it in November.&lt;BR/&gt;&lt;BR/&gt;Thanks for visting by blog!</summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/8603733794426201245'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/8603733794426201245'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1194232320000#c8603733794426201245' title=''/><author><name>Dividends4Life</name><uri>http://www.blogger.com/profile/01335749596803945185</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1430732593'/></entry><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-3225465240325217150</id><published>2007-11-04T21:06:00.000-06:00</published><updated>2007-11-04T21:06:00.000-06:00</updated><title type='text'>I have been looking at PAYX for sometime.  The fla...</title><summary type='text'>I have been looking at PAYX for sometime.  The flat dividend also concerned me, but I opted to open a small position based on the strength of other attributes (esp. the "Rolling 4-yr Div. &gt; 15%" which is one I really like). &lt;BR/&gt;&lt;BR/&gt;It is interesting to note that PAYX’s highest dividend payout % occurred in 2003.  At 56%, this is still considered low.&lt;BR/&gt;&lt;BR/&gt;Thanks for visiting my blog and </summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/3225465240325217150'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/3225465240325217150'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1194231960000#c3225465240325217150' title=''/><author><name>Dividends4Life</name><uri>http://www.blogger.com/profile/01335749596803945185</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1430732593'/></entry><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-7478229023238558171</id><published>2007-11-04T21:05:00.000-06:00</published><updated>2007-11-04T21:05:00.000-06:00</updated><title type='text'>Good job on the blog.&lt;br&gt;&lt;br&gt;I like PAYX but I nee...</title><summary type='text'>Good job on the blog.&lt;BR/&gt;&lt;BR/&gt;I like PAYX but I need a little higher yield to include it my selection.</summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/7478229023238558171'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/7478229023238558171'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1194231900000#c7478229023238558171' title=''/><author><name>Div Guy</name><uri>http://www.blogger.com/profile/04337118165044291844</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-885527980'/></entry><entry><id>tag:blogger.com,1999:blog-2371295367923834063.post-7664617433831184137</id><published>2007-11-04T15:55:00.000-06:00</published><updated>2007-11-04T15:55:00.000-06:00</updated><title type='text'>Thanks for the email - and nice looking blog here....</title><summary type='text'>Thanks for the email - and nice looking blog here.  I also enjoyed your analysis of PAYX - the pdf document you have put together is amazing.  The lack of dividend increase in 2003 is a bit concerning.  I really dislike seeing a missed dividend increase in there.  I also have been weary of this one due to its higher P/E, but it seems to be holding strong on that!&lt;BR/&gt;&lt;BR/&gt;I have added you to my </summary><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/7664617433831184137'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2371295367923834063/5544516046387226236/comments/default/7664617433831184137'/><link rel='alternate' type='text/html' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html?showComment=1194213300000#c7664617433831184137' title=''/><author><name>The Dividend Guy</name><uri>http://www.thedividendguyblog.com</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img1.blogblog.com/img/blank.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dividends4life.com/2007/11/stock-analysis-paychex-incpayx.html' ref='tag:blogger.com,1999:blog-2371295367923834063.post-5544516046387226236' source='http://www.blogger.com/feeds/2371295367923834063/posts/default/5544516046387226236' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1750539605'/></entry></feed>
