Dividend Flows Coverage: $0.23 dividends just around the corner for Cass Information Systems, Inc (NASDAQ:CASS) shareholders.

Dividend Flows Coverage: $0.23 dividends just around the corner for Cass Information Systems, Inc (NASDAQ:CASS) shareholders.

Cass Information Systems, Inc (NASDAQ:CASS) is expected to pay $0.23 on Dec 15, 2016. The indicated annual dividend is $0.92. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on Cass Information Systems, Inc’s current price of $70.65, the dividend is 0.33%. This dividend’s record date is Dec 5, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.45% or $0.32 on November 29, hitting $70.65. Cass Information Systems (NASDAQ:CASS) has risen 38.75% since April 27, 2016 and is uptrending. It has outperformed by 33.52% the S&P500.

Cass Information Systems, Inc. is a well-known provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. The company has a market cap of $792.73 million. The Firm provides transportation invoice rating, payment processing, auditing, accounting and transportation information. It has a 33.37 P/E ratio. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility related expenses.

Insitutional Activity: The institutional sentiment increased to 1.17 in Q2 2016. Its up 0.17, from 1 in 2016Q1. The ratio is positive, as 3 funds sold all Cass Information Systems shares owned while 32 reduced positions. 8 funds bought stakes while 27 increased positions. They now own 5.05 million shares or 2.91% less from 5.20 million shares in 2016Q1.
Kayne Anderson Rudnick Mgmt Limited Com, a California-based fund reported 1.06M shares. Loomis Sayles And Lp holds 65 shares or 0% of its portfolio. Financial Bank Of Montreal Can has 0% invested in the company for 1,067 shares. Retail Bank Of Ny Mellon Corp holds 117,560 shares or 0% of its portfolio. Us Bankshares De has 0% invested in the company for 6,705 shares. California Employees Retirement holds 0% of its portfolio in Cass Information Systems (NASDAQ:CASS) for 13,600 shares. Wells Fargo & Communications Mn holds 24,476 shares or 0% of its portfolio. Teachers Retirement System Of The State Of Kentucky holds 20,245 shares or 0.01% of its portfolio. Victory Capital Mgmt Inc holds 0% or 1,922 shares in its portfolio. Parkside Fincl Comml Bank owns 63 shares or 0% of their US portfolio. Susquehanna Gp Inc Limited Liability Partnership has 0% invested in the company for 5,100 shares. Moreover, Finemark National Bank & Tru has 0% invested in Cass Information Systems (NASDAQ:CASS) for 50 shares. Blackrock Inv Mgmt Ltd Limited Liability Company owns 46,717 shares or 0% of their US portfolio. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 907 shares. State Street Corp holds 0% or 180,580 shares in its portfolio.

Insider Transactions: Since June 10, 2016, the stock had 0 insider purchases, and 3 sales for $343,089 net activity. BRUNNGRABER ERIC H had sold 4,818 shares worth $254,000. MATHIAS ROBERT J sold $43,425 worth of stock.

More news for Cass Information Systems (NASDAQ:CASS) were recently published by: Stltoday.com, which released: “Cass Information Systems profits slip” on April 20, 2015. Stltoday.com‘s article titled: “Cass Information Systems promotes Mark Campbell to a division president” and published on February 20, 2015 is yet another important article.

CASS Company Profile

Cass Information Systems, Inc. (Cass), incorporated on July 1, 1982, is a well-known provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. The Firm provides transportation invoice rating, payment processing, auditing, accounting and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility related expenses. The Firm operates in two divisions: Information Services and Banking Services. The Information Services segment provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large firms. The Banking Services segment provides banking services primarily to privately held businesses and churches. The Company, through its bank subsidiary, Cass Commercial Bank (the Bank), provides commercial banking services.

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