Cass Information Systems Plans Quarterly Dividend of $0.26 (CASS)

Share on StockTwits

Cass Information Systems (NASDAQ:CASS) declared a quarterly dividend on Friday, October 26th, Wall Street Journal reports. Stockholders of record on Tuesday, December 4th will be given a dividend of 0.26 per share by the business services provider on Friday, December 14th. This represents a $1.04 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Monday, December 3rd.

Cass Information Systems has increased its dividend by an average of 4.7% annually over the last three years and has raised its dividend every year for the last 13 years.

Cass Information Systems stock opened at $65.53 on Tuesday. The company has a market cap of $805.65 million, a P/E ratio of 26.86 and a beta of 0.89. Cass Information Systems has a one year low of $54.37 and a one year high of $74.49.

Several research firms recently commented on CASS. BidaskClub raised Cass Information Systems from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 21st. ValuEngine lowered Cass Information Systems from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th.

ILLEGAL ACTIVITY WARNING: “Cass Information Systems Plans Quarterly Dividend of $0.26 (CASS)” was first published by Macon Daily and is the property of of Macon Daily. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The correct version of this article can be read at https://macondaily.com/2018/10/27/cass-information-systems-cass-to-issue-dividend-increase-0-26-per-share.html.

Cass Information Systems Company Profile

Cass Information Systems, Inc provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information.

See Also: Relative Strength Index

Dividend History for Cass Information Systems (NASDAQ:CASS)

Receive News & Ratings for Cass Information Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cass Information Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply