Casey's General Stores (CASY) will raise its quarterly dividend by 10.0 percent to $0.22 per share in 2015. Last year the convenience store operator also hiked its dividend by 2 cents.
Casey's General Stores, Inc. operates convenience stores in Midwestern states, primarily in Iowa, Missouri, and Illinois. Casey's offers self-service gasoline, grocery items and freshly prepared food items. Among the most popular of Casey's prepared foods are their made-from-scratch pizzas, donuts, subs and sandwiches. Casey's operates from two company distribution centers, enabling delivery of most of in-store products and fuel. The first store opened in 1968 in Boone, Iowa. Casey's began paying cash dividends during fiscal 1991.