I’ve been keeping an eye on Casey’s General Stores, Inc. (NASDAQ:CASY) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe CASY has a lot to offer. Basically, it is a dependable dividend payer with a an impressive track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, read the full report on Casey’s General Stores here.
Solid track record average dividend payer
Over the past few years, CASY has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. This illustrates a strong track record, leading to a satisfying return on equity of 26%, which is what investors like to see!
For those seeking income streams from their portfolio, CASY is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 0.8%.
For Casey’s General Stores, I’ve compiled three important factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for CASY’s future growth? Take a look at our free research report of analyst consensus for CASY’s outlook.
- Financial Health: Are CASY’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CASY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.