Cass Information Systems, Inc.
CASS24 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
2.34%
Annual Dividend
$1.28
Payout Ratio
46%
5-Yr Growth
3.0%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Cass Information Systems, Inc. (CASS) yields 2.34% ($1.28 per share annually), with a blended fair-value estimate of $89.50 — +64% upside, so it screens as undervalued. Dividend safety grade: A (97/100). 24 years of dividend growth.
Is CASS a good dividend stock?
YesCass Information Systems, Inc. (CASS) pays a quarterly dividend yielding 2.34% ($1.28/yr), with 24 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
- 24 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (46%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.34%
- Payout Ratio
- 46%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 3.0%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 24
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $701.0M
- P/E Ratio
- 19.8
- 5-Yr Total Return
- 34%
- 52-Week Range
- $36.07 – $59.63
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
CASS Price — Last 12 Months
Daily close
Price Return
1 Year
+38%
3 Years
+45%
5 Years
+34%
52-Week Range
$36.07 – $59.63
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 $89.50 per share, versus a market price of $54.74. That implies 64% of upside — a margin of safety of about 39%.
Fair Value
$89.50
Current Price
$54.74
Upside
+64%
Margin of Safety
39%
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 -0.5% 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, $2.77 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 |
|---|---|---|---|
| Sep 4, 2026 | — | $0.3200 | regular |
| 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 |
Income Calculator
At $1.28 / yr per share
