Cass Information Systems Dividends and Buybacks
Dividend criteria checks 4/6
Cass Information Systems is a dividend paying company with a current yield of 2.8% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 3rd December, 2024.
Key information
2.8%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 7.5% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 03 Dec 24 |
| Dividend per share | US$1.240 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Cass Information Systems: Safe Dividend But Efficiency Needs Urgent Improvement
Nov 13Cass Information Systems (NASDAQ:CASS) Is Paying Out A Larger Dividend Than Last Year
Oct 29
What Cass Information Systems, Inc.'s (NASDAQ:CASS) P/E Is Not Telling You
Apr 20Cass: Quarterly Headcount Growth, More Fees Charged, And Undervalued
Jan 22Cass Information Systems' (NASDAQ:CASS) Dividend Will Be Increased To $0.30
Oct 22Cass Information Systems (NASDAQ:CASS) Will Pay A Dividend Of $0.29
Aug 28Cass Information Systems (NASDAQ:CASS) Is Due To Pay A Dividend Of $0.29
Jul 30Cass Information Systems (NASDAQ:CASS) Ticks All The Boxes When It Comes To Earnings Growth
Apr 19Cass Information Systems' (NASDAQ:CASS) Dividend Will Be $0.29
Feb 19Cass Information Systems (NASDAQ:CASS) Has Affirmed Its Dividend Of $0.29
Feb 03Cass Information Systems' (NASDAQ:CASS) Upcoming Dividend Will Be Larger Than Last Year's
Nov 24Cass Information Systems (NASDAQ:CASS) Will Pay A Larger Dividend Than Last Year At $0.29
Oct 23Cass Information Systems: Set To Benefit From Inflation And Rising Rates
May 06Cass Information Systems: A Fair Play On Payment Processing
Dec 29Cass Information Systems (NASDAQ:CASS) Has Re-Affirmed Its Dividend Of US$0.27
Jul 30Be Wary Of Cass Information Systems (NASDAQ:CASS) And Its Returns On Capital
Jun 19Increases to CEO Compensation Might Be Put On Hold For Now at Cass Information Systems, Inc. (NASDAQ:CASS)
Apr 14Estimating The Intrinsic Value Of Cass Information Systems, Inc. (NASDAQ:CASS)
Apr 13Should You Buy Cass Information Systems, Inc. (NASDAQ:CASS) For Its Dividend?
Mar 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CASS's dividends per share have been stable in the past 10 years.
Growing Dividend: CASS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cass Information Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CASS) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (CASS) (up to 3 years) | 2.8% |
Notable Dividend: CASS's dividend (2.8%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CASS's dividend (2.8%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), CASS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.6%), CASS's dividend payments are not well covered by cash flows.