Record of Continuous Pay Outs Reaches Year 81 as Cass Information Systems, Inc. Declares $0.21 per Share Dividend for Second Quarter of 2015
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ST. LOUIS--(BUSINESS WIRE)-- Cass Information Systems, Inc. (NASDAQ: CASS), the nation's leading provider of transportation, energy, telecom and environmental invoice payment and information services, is extending its record of paying regularly scheduled cash dividends into year 81.
On April 20, 2015, the company’s board of directors declared a second quarter dividend of $.21 per share payable June 15, 2015 to shareholders of record June 5, 2015. Cass has continuously paid regularly scheduled cash dividends since 1934.
“This dividend reflects the board’s optimism about the company’s long-term prospects and our solid capital base,” said Eric H. Brunngraber, Cass president and chief executive officer.
About Cass Information Systems
Cass Information Systems, Inc. is the leading provider of transportation, energy, telecom and environmental invoice payment and information services. The company, which has been involved in the payables services and information support business since 1956, disburses over $38 billion annually on behalf of customers from locations in St. Louis, Mo., Columbus, Ohio, Boston, Mass., Greenville, S.C., Wellington, Kansas and Jacksonville, Fla. The support of Cass Commercial Bank, founded in 1906, makes Cass Information Systems unique in the industry. Cass is part of the Russell 2000® Index.
Note to Investors
Certain matters set forth in this news release may contain forward-looking statements that are provided to assist in the understanding of anticipated future financial performance. However, such performance involves risks and uncertainties that may cause actual results to differ materially from those in such statements. For a discussion of certain factors that may cause such forward-looking statements to differ materially from the company’s actual results, see the company’s reports filed from time to time with the Securities and Exchange Commission including the company’s annual report on Form 10-K for the year ended December 31, 2014.
Casey Communications, Inc.
Kenn Entringer, 314-721-2828
[email protected]
http://www.cassinfo.com
Source: Cass Information Systems, Inc.
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