That portfolio of stocks I've been building since September 3, 2019, named Volio, will by August 28 hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five technology sector stocks primed to join Volio as the ninth of nine representing the sector.  One of the stocks I discuss this week could become the fifty-first overall selection for Volio!

My subject today is a small-cap information services company named, Cass Information Systems Inc. Its trading ticker is CASS. This is my first ever report on Cass Information Systems Inc for any portfolio.

Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States.

The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses.

It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.

The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001.

Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

I use three key data points to gauge dividend equities or funds like Cass Information Systems Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

CASS Price

Cass's price per share closed at $39.52 yesterday. A year ago their price was $50.34. Price fell $10.82 or about 21.5% last year.

Assuming Cass's stock trades in the range of $30 to $50 this next year, its recent $39.52 price might rise by $5.48 to reach $45.00 by August 18, 2021.

CASS Dividends

Cass's most recently declared quarterly dividend was $0.27, payable September 15th. That Q dividend equates to $1.08 annually and yields 2.73% at yesterday's $39.52 share price.

CASS Gains?

Adding the $1.08 annual estimated dividend to my $5.48 optimistic estimate of Cass's price upside shows a $6.56 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in Cass Information Systems Inc at $39.52, we would buy 25 shares of stock.

A $10 broker fee paid half at purchase and half at sale could cost us  $0.40 per share.

Subtract that $0.40 brokerage cost from my estimated $6.56 gross gain per share results in a net gain of $6.16 X 25 shares = $154 for a 15.42% net gain on a $988.00 investment.

Thus, Cass Information Systems Inc (CASS) shows a possible 15.4% net gain including a 2.73% dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if Cass Information Systems Inc is worth it.