Fastenal (FAST) Declares Quarterly Dividend of $0.26; Yields 1.5%

April 11, 2011 5:17 PM EDT
The Fastenal Company (Nasdaq: FAST) has declared a quarterly dividend of $0.26 per common share.

The company, which previously declared semi-annual dividends, said it "expects that it will begin paying a quarterly cash dividend in the foreseeable future..."

The dividend is payable April 28, 2011 to shareholders of record at the close of business on April 12, 2011. The ex-dividend date is April 8, 2011.

Yield on the dividend is 1.5 percent.


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