Casey's General Stores, Inc.
CASY26 yrs growthConsumer Cyclical · Stock · quarterly payer
Forward Yield
0.44%
Annual Dividend
$2.60
Payout Ratio
11%
5-Yr Growth
10.8%
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Casey's General Stores, Inc. (CASY) yields 0.44% ($2.60 per share annually), with a blended fair-value estimate of $494.23 — -17% downside, so it screens as overvalued. Dividend safety grade: A (97/100). 26 years of dividend growth.
Is CASY a good dividend stock?
YesCasey's General Stores, Inc. (CASY) pays a quarterly dividend yielding 0.44% ($2.60/yr), with 26 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 — 26 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (11%)
- Strong 10.8% 5-yr dividend growth
- 212% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.44%
- Payout Ratio
- 11%
- Annual Dividend
- $2.60
- 5-Yr Avg Growth
- 10.8%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 26
- Frequency
- quarterly
- Beta
- 0.59
- Market Cap
- $22.1B
- P/E Ratio
- 28.8
- 5-Yr Total Return
- 212%
- 52-Week Range
- $497.38 – $927.85
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
CASY Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+120%
5 Years
+212%
52-Week Range
$497.38 – $927.85
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CASY worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Casey's General Stores, Inc. is $494.23 per share, versus a market price of $597.48. That implies 17% of downside.
Fair Value
$494.23
Current Price
$597.48
Downside
-17%
Margin of Safety
-21%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 19.4% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 12.0% stage-1 growth, 2.5% terminal growth, $20.77 EPS, $2.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CASY 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 |
|---|---|---|---|
| Jul 31, 2026 | — | $0.6500 | regular |
| May 1, 2026 | — | $0.5700 | regular |
| Jan 30, 2026 | — | $0.5700 | regular |
| Oct 31, 2025 | — | $0.5700 | regular |
| Aug 1, 2025 | — | $0.5700 | regular |
| May 1, 2025 | — | $0.5000 | regular |
| Feb 3, 2025 | — | $0.5000 | regular |
| Nov 1, 2024 | — | $0.5000 | regular |
| Aug 1, 2024 | — | $0.5000 | regular |
| Apr 30, 2024 | — | $0.4300 | regular |
| Jan 31, 2024 | — | $0.4300 | regular |
| Oct 31, 2023 | — | $0.4300 | regular |
| Jul 31, 2023 | — | $0.4300 | regular |
| Apr 28, 2023 | — | $0.3800 | regular |
Income Calculator
At $2.60 / yr per share
