Cass Information Systems, Inc.
CASS29 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
2.65%
Annual Dividend
$1.28
Payout Ratio
54%
5-Yr Growth
2.8%
Ex-Date
Jun 5, 2026
Frequency
Quarterly
Is CASS a good dividend stock?
YesCass Information Systems, Inc. (CASS) pays a quarterly dividend yielding 2.65% ($1.28/yr), with 29 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 29 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (54%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.65%
- Payout Ratio
- 54%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 29
- Frequency
- quarterly
- Beta
- 0.46
- Market Cap
- $622.3M
- P/E Ratio
- 20.7
- 5-Yr Total Return
- 17%
- 52-Week Range
- $36.07 – $52.45
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
CASS Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
+23%
5 Years
+17%
52-Week Range
$36.07 – $52.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CASS worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Cass Information Systems, Inc. is $83.72 per share, versus a market price of $48.35. That implies 73% of upside — a margin of safety of about 42%.
Fair Value
$83.72
Current Price
$48.35
Upside
+73%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.7% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.34 EPS, $1.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CASS Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 5, 2026 | — | $0.3200 | regular |
| Mar 3, 2026 | — | $0.3200 | regular |
| Dec 5, 2025 | — | $0.3200 | regular |
| Sep 5, 2025 | — | $0.3100 | regular |
| Jun 3, 2025 | — | $0.3100 | regular |
| Mar 4, 2025 | — | $0.3100 | regular |
| Dec 3, 2024 | — | $0.3100 | regular |
| Sep 3, 2024 | — | $0.3000 | regular |
| Jun 4, 2024 | — | $0.3000 | regular |
| Mar 4, 2024 | — | $0.3000 | regular |
| Dec 4, 2023 | — | $0.3000 | regular |
| Sep 1, 2023 | — | $0.2900 | regular |
| Jun 2, 2023 | — | $0.2900 | regular |
| Mar 2, 2023 | — | $0.2900 | regular |
Income Calculator
At $1.28 / yr per share
