Casey's General accounting error should not affect dividend, says RBC Capital RBC Capital does not expect Casey's accounting error to affect its dividend. Despite the error, the firm increased its price target on the name to $84 from $80 as it rolls its valuation forward. RBC keeps a Sector Perform rating on the shares.
Casey's General Stores says remains committed to FY15 financial goals Casey's General Stores said its tax error is not expected to affect its continued quarterly dividend payments of 20c per share. Additionally, Casey’s said its long term growth plans remain on track, and that the company remains committed to achieving its financial goals for FY15. Casey’s financial goals for Fiscal 2015 include: Increase same-store fuel gallons sold 1% with an average margin of 15.3 cents per gallon ; Increase same-store grocery & other merchandise sales 5.3% with an average margin of 32.1%; Increase same-store prepared food & fountain sales 9.5% with an average margin of 60%; Build or acquire 72 to 108 stores and replace 25 existing locations.