Market Overview

Ex-Dividend Date Insight: Casey's General Stores


On September 8, 2020, Casey's General Stores (NASDAQ: CASY) declared a dividend payable on November 16, 2020 to its shareholders. Casey's General Stores also announced that shareholders on the company's books on or before November 2, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Casey's General Stores, whose current dividend payout is $0.32, has an ex-dividend date set at October 30, 2020. The payout equates to a dividend yield of 0.73% at current price levels.

What Are Ex-Dividend Dates?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Casey's General Stores's Dividend Performance

Over the past year, Casey's General Stores has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on October 31, 2019 the company's payout was $0.32, which has returned to its value today. Casey's General Stores's dividend yield last year was 1.0%, which has since decreased by 0.27%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Casey's General Stores's previous dividends.


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Posted-In: Dividends