UPDATE: Fastenal (FAST) Raises Qtr. Dividend 7.1% to $0.30; Yields 3.1%

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Go back to UPDATE: Fastenal (FAST) Raises Qtr. Dividend 7.1% to $0.30; Yields 3.1%

Fastenal Company Announces Cash Dividend

January 14, 2016 5:05 PM EST

WINONA, Minn., Jan. 14, 2016 (GLOBE NEWSWIRE) --

The Fastenal Company (the "Company") of Winona, MN (Nasdaq: FAST) reported its board of directors declared a dividend of $0.30 per share to be paid in cash on February 26, 2016 to shareholders of record at the close of business on January 29, 2016.

Fastenal began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. Our board of directors intends to continue paying quarterly dividends, provided that any future determination as to payment of dividends will depend upon the... More