Casey's General Stores (CASY) will raise its quarterly dividend by 9.1 percent to $0.24 per share in 2016. This follows a 2 cent per share dividend increase to 22 cents in the previous year by the convenience store operator.

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.