Casey’s General Stores, Inc. (NASDAQ:CASY – Get Free Report) announced a quarterly dividend on Tuesday, June 9th. Shareholders of record on Saturday, August 1st will be given a dividend of 0.65 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, July 31st. This is a 14.0% increase from Casey’s General Stores’s previous quarterly dividend of $0.57.
Casey’s General Stores has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 24 years. Casey’s General Stores has a dividend payout ratio of 12.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Casey’s General Stores to earn $22.33 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 10.2%.
Casey’s General Stores Stock Up 20.3%
CASY stock opened at $915.60 on Thursday. Casey’s General Stores has a 52 week low of $488.91 and a 52 week high of $917.47. The company has a market capitalization of $33.84 billion, a price-to-earnings ratio of 47.79, a price-to-earnings-growth ratio of 2.11 and a beta of 0.61. The firm’s 50-day moving average is $794.30 and its two-hundred day moving average is $681.81. The company has a current ratio of 1.04, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61.
Key Stories Impacting Casey’s General Stores
Here are the key news stories impacting Casey’s General Stores this week:
- Positive Sentiment: Casey’s reported fiscal Q4 EPS of $4.37, well above estimates, while revenue of $4.57 billion also beat forecasts; net income, EBITDA, and same-store sales all rose sharply year over year. Casey’s Announces Fourth Quarter and Fiscal Year Results
- Positive Sentiment: The company highlighted durable margin momentum, with inside sales strength, fuel discipline, and store growth expected to support rising EBITDA and keep inside margins above 42% into fiscal 2027. CASY Q4 Earnings Call Flags Durable Margin Momentum
- Positive Sentiment: Casey’s raised its quarterly dividend by 14% to $0.65 per share, reinforcing confidence in cash generation and shareholder returns. Casey’s General Stores raises dividend by 14% to $0.65
- Neutral Sentiment: Multiple market recaps and earnings-call transcripts circulated as investors digested the results and management’s outlook, but these were largely commentary on the same earnings catalyst. Casey’s General Stores Q4 2026 Earnings Call Transcript
- Negative Sentiment: Some analysts flagged that the stock’s valuation is rich after the run-up, with concerns that elevated earnings multiples could limit near-term upside if growth moderates. Casey’s General Stores Q4: Hard To Buy At 41x Earnings
Casey’s General Stores Company Profile
Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.
The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.
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