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8-K - FORM 8-K - CASS INFORMATION SYSTEMS INC | d912995d8k.htm |
Exhibit 99.1
Contact: Contact Kenn Entringer at Casey Communications, Inc., (314) 721-2828 kentringer@caseycomm.com
April 22, 2015
Record of Continuous Pay Outs Reaches Year 81
as Cass Information Systems, Inc. Declares
$0.21 per Share Dividend for Second Quarter of 2015
ST. LOUIS Cass Information Systems, Inc. (NASDAQ: CASS), the nations 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 companys 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 boards optimism about the companys 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 companys actual results, see the companys reports filed from time to time with the Securities and Exchange Commission including the companys annual report on Form 10-K for the year ended December 31, 2014.
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