Fastenal Co (FAST) Raises Qtr. Dividend by 7.7% to 14c/Share; 1.6% Yield

October 12, 2011 5:15 PM EDT
Fastenal Co (NASDAQ: FAST) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. The dividend represents a 7.7 percent increase compared to a prior dividend of $0.13 per share.

The dividend will be payable on November 22, 2011, to stockholders of record on October 26, 2011, with an ex-dividend date of October 24, 2011.

The annual yield on the dividend is 1.6 percent.


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