company-logo

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. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

Cass Information Systems Dividend Announcement

Cass Information Systems announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-12-03
Cass Information Systems annual dividend for 2024 was $1.21
Cass Information Systems annual dividend for 2023 was $1.17
Cass Information Systems's trailing twelve-month (TTM) dividend yield is 2.68%
Cass Information Systems's payout ratio for the trailing twelve months (TTM) is 71.08%
Cass Information Systems's dividend growth over the last five years (2018-2023) was 2.78% year
Cass Information Systems's dividend growth over the last ten years (2013-2023) was 5.33% year

Cass Information Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-03$0.31quarterly2024-12-13
2024-09-03$0.30quarterly2024-09-13
2024-06-04$0.30quarterly2024-06-14
2024-03-04$0.30quarterly2024-03-15
2023-12-04$0.30quarterly2023-12-15
2023-09-01$0.29quarterly2023-09-15
2023-06-02$0.29quarterly2023-06-15
2023-03-02$0.29quarterly2023-03-15
2022-12-02$0.29quarterly2022-12-15
2022-09-01$0.28quarterly2022-09-15
2022-06-02$0.28quarterly2022-06-15
2022-03-03$0.28quarterly2022-03-15
2021-12-02$0.28quarterly2021-12-15
2021-09-02$0.27quarterly2021-09-15
2021-06-03$0.27quarterly2021-06-15
2021-03-04$0.27quarterly2021-03-15
2020-12-03$0.27quarterly2020-12-15
2020-09-03$0.27quarterly2020-09-15
2020-06-04$0.27quarterly2020-06-15
2020-03-02$0.27quarterly2020-03-13
2019-12-02$0.27quarterly2019-12-13
2019-08-30$0.26quarterly2019-09-13
2019-06-03$0.26quarterly2019-06-14
2019-03-04$0.26quarterly2019-03-15
2018-12-03$0.26quarterly2018-12-14
2018-08-31$0.26quarterly2018-09-14
2018-06-04$0.26quarterly2018-06-15
2018-03-02$0.24quarterly2018-03-15
2017-12-04$0.24quarterly2017-12-15
2017-08-31$0.23quarterly2017-09-15
2017-05-31$0.23quarterly2017-06-15
2017-03-01$0.17quarterly2017-03-15
2016-12-01$0.17quarterly2016-12-15
2016-08-31$0.22quarterly2016-09-15
2016-06-01$0.17quarterly2016-06-15
2016-03-02$0.22quarterly2016-03-15
2015-12-02$0.22quarterly2015-12-15
2015-09-02$0.21quarterly2015-09-15
2015-06-03$0.21quarterly2015-06-15
2015-03-03$0.21quarterly2015-03-16
2014-12-03$0.21quarterly2014-12-15
2014-09-03$0.20quarterly2014-09-15
2014-06-03$0.20quarterly2014-06-16
2014-03-03$0.20quarterly2014-03-17
2013-12-03$0.20quarterly2013-12-16
2013-09-03$0.18quarterly2013-09-16
2013-05-31$0.18quarterly2013-06-14
2013-03-01$0.14quarterly2013-03-15

Cass Information Systems Dividend per year

Cass Information Systems Dividend growth

Cass Information Systems Dividend Yield

Cass Information Systems current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Cass Information Systems stock? Use our calculator to estimate your expected dividend yield:

Cass Information Systems Financial Ratios

P/E ratio26.34
PEG ratio13.96
P/B ratio2.55
ROE9.92%
Payout ratio71.08%
Current ratio0.87
Quick ratio0.87
Cash Ratio0.25

Cass Information Systems Dividend FAQ

How much is the next Cass Information Systems dividend?
Cass Information Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cass Information Systems dividend. The next Cass Information Systems dividend will be released in March, June, September, or December.
When is Cass Information Systems dividend paid?
Cass Information Systems pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cass Information Systems pay?
The specific amount of Cass Information Systems dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cass Information Systems's dividend history.
Does Cass Information Systems stock pay dividends?
Yes, Cass Information Systems does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cass Information Systems's dividend history.
How much dividend does Cass Information Systems pay?
Cass Information Systems paid $1.21 in 2024, $1.17 in 2023, $1.13 in 2022, $1.09 in 2021, and $1.08 in 2020.
How often does Cass Information Systems pay dividends?
Cass Information Systems typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Cass Information Systems's dividend yield?
The current dividend yield for Cass Information Systems is 2.68%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cass Information Systems's exact dividend yield.
When does Cass Information Systems go ex dividend?
Cass Information Systems's ex-dividend date for the latest dividend was on 2024-12-03. Cass Information Systems typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cass Information Systems dividend paid?
Cass Information Systems pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Cass Information Systems increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cass Information Systems will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cass Information Systems dividend per share?
Cass Information Systems paid $1.21 per share in 2024 and $1.17 per share in 2023. The amount of dividend per share that Cass Information Systems pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cass Information Systems a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cass Information Systems a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cass Information Systems a dividend stock?
Yes, Cass Information Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cass Information Systems a good dividend stock?
Whether Cass Information Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cass Information Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Cass Information Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Cass Information Systems pay dividends monthly?
Cass Information Systems typically pays dividends on a quarterly basis.
Does Cass Information Systems pay dividends quarterly?
Cass Information Systems currently pays dividends on a quarterly basis.
Has Cass Information Systems ever paid a dividend?
Yes, Cass Information Systems has a history of paying dividends to its shareholders. Cass Information Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cass Information Systems dividend stocks?
To buy Cass Information Systems you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Cass Information Systems stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cass Information Systems pay dividends 2024?
Cass Information Systems pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cass Information Systems increase its dividend in 2024?
Decisions regarding Cass Information Systems dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cass Information Systems dividend overview you can look into the above table of dividend history.
How Cass Information Systems dividend works?
The Cass Information Systems dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cass Information Systems's dividend process works:

1. Determination of Dividend: Cass Information Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Cass Information Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Cass Information Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Cass Information Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Cass Information Systems dividends paid?
Cass Information Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Cass Information Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Cass Information Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Cass Information Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Cass Information Systems pay dividends?
Cass Information Systems typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cass Information Systems pay dividends?
The general pattern is that Cass Information Systems pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cass Information Systems dividend safe?
The safety of Cass Information Systems's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Cass Information Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Cass Information Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.