Cass Information Systems's last quarterly dividend was on Mar 2, 2023 (ex-date) with a distribution of $0.29 per share. On an annualized basis, the company has a current payout of $1.14 per share. This brings the dividend yield to 2.9% based on its recent close price.
Cass Information Systems's dividend yield of 2.9% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.54%, Cass Information Systems's dividend yield is 88% higher. The historical 5-year average of CASS's dividend yield is 2.3%, which is below the current yield.
Cass Information Systems has been paying dividends since 1996. CASS has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.6% for the last twelve months. But with the stock price up by 15% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 2, 2023 | Mar 15, 2023 | Jan 24, 2023 | $0.29 | normal |
| Dec 2, 2022 | Dec 15, 2022 | Oct 18, 2022 | $0.29 | normal |
| Sep 1, 2022 | Sep 15, 2022 | Jul 19, 2022 | $0.28 | normal |
| Jun 2, 2022 | Jun 15, 2022 | Apr 19, 2022 | $0.28 | normal |
| Mar 3, 2022 | Mar 15, 2022 | Jan 27, 2022 | $0.28 | normal |
| Dec 2, 2021 | Dec 15, 2021 | Oct 19, 2021 | $0.28 | normal |
| Sep 2, 2021 | Sep 15, 2021 | Jul 22, 2021 | $0.27 | normal |
| Jun 3, 2021 | Jun 15, 2021 | Apr 20, 2021 | $0.27 | normal |
| Mar 4, 2021 | Mar 15, 2021 | Jan 28, 2021 | $0.27 | normal |
| Dec 3, 2020 | Dec 15, 2020 | Oct 20, 2020 | $0.27 | normal |
| Sep 3, 2020 | Sep 15, 2020 | Jul 21, 2020 | $0.27 | normal |
| Jun 4, 2020 | Jun 15, 2020 | Apr 21, 2020 | $0.27 | normal |
| Mar 2, 2020 | Mar 13, 2020 | Jan 28, 2020 | $0.27 | normal |
| Dec 2, 2019 | Dec 13, 2019 | Oct 22, 2019 | $0.27 | normal |
| Aug 30, 2019 | Sep 13, 2019 | Jul 23, 2019 | $0.26 | normal |
| Jun 3, 2019 | Jun 14, 2019 | Apr 23, 2019 | $0.26 | normal |
| Mar 4, 2019 | Mar 15, 2019 | Jan 29, 2019 | $0.26 | normal |
| Dec 3, 2018 | Dec 14, 2018 | Oct 23, 2018 | $0.26 | normal |
| Aug 31, 2018 | Sep 14, 2018 | Jul 24, 2018 | $0.217 | normal |
| Jun 4, 2018 | Jun 15, 2018 | Apr 24, 2018 | $0.217 | normal |
| Mar 2, 2018 | Mar 15, 2018 | Jan 30, 2018 | $0.2 | normal |
| Dec 4, 2017 | Dec 15, 2017 | Oct 24, 2017 | $0.2 | normal |
| Aug 31, 2017 | Sep 15, 2017 | Jul 25, 2017 | $0.174 | normal |
| May 31, 2017 | Jun 15, 2017 | Apr 25, 2017 | $0.174 | normal |
| Mar 1, 2017 | Mar 15, 2017 | Jan 30, 2017 | $0.174 | normal |
| Dec 1, 2016 | Dec 15, 2016 | Oct 17, 2016 | $0.174 | normal |
| Aug 31, 2016 | Sep 15, 2016 | Jul 18, 2016 | $0.167 | normal |
| Jun 1, 2016 | Jun 15, 2016 | Apr 18, 2016 | $0.167 | normal |
Cass Information Systems's payout ratio of 45.8% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 27.8%, Cass Information Systems's payout ratio is 65% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NEWT Newtek Business Services Corp | 18.31% | $2.28 | 162.9% |
| FIS Fidelity National Information Services Inc | 3.54% | $1.93 | N/A |
| CASS Cass Information Systems Inc | 2.9% | $1.14 | 45.8% |
| GPN Global Payments Inc | 1% | $1 | N/A |
| V Visa Inc | 0.77% | $1.73 | 23% |
| MA Mastercard Inc | 0.57% | $2.12 | 21.1% |
Yes, Cass Information Systems has been paying dividends for the last 27 years.
CASS's next dividend is scheduled on Jun 2, 2023 (ex-date).
Cass Information Systems's last dividend ex-date was on Mar 2, 2023. The dividend amount was $0.29 per share.
CASS has paid dividend of $1.14 per share in the last year.
The current dividend yield of Cass Information Systems is 2.9%.
Cass Information Systems has a quarterly dividend frequency.
The dividend payout ratio of Cass Information Systems is 45.8%.
Cass Information Systems's dividend yield is above the Industrials sector average.