UPDATE 1-Casey's Q4 beats Street, raises quarterly dividend

* Q4 EPS $0.51 vs est $0.43

* Q4 rev $1.18 bln vs est $1.15 bln

* Raises quarterly dividend to $0.10/shr

June 15 (Reuters) - U.S. convenience store chain Casey's General Stores Inc (CASY.O) posted a quarterly profit beating Wall Street estimates, helped by strong same-store sales, and said it expects the good show to continue in fiscal 2011.

The company also raised the quarterly dividend, payable August 16, to 10 cents a share from 8.5 cents a share.

For the fourth quarter ended April 30, the company posted net income of $22 million, or 43 cents a share, compared with net income of $15.6 million, or 31 cents a share, a year ago.

Excluding items, the company earned 51 cents a share.

Revenue rose 34 percent to $1.18 billion.

Analysts on average had expected the company to earn 43 cents a share on revenue of $1.15 billion, according to Thomson Reuters I/B/E/S.

Same store sales rose 5.3 percent for prepared food and fountain category, 3.1 percent for grocery and other merchandise and 0.2 percent for the gasoline segment.

Shares of the Ankeny, Iowa-based company closed at $35.93 Monday on Nasdaq. (Reporting by Shobhana Chadha in Bangalore; Editing by Don Sebastian)