Fastenal (FAST) Raises Annual Dividend 15.6% to $0.37; 0.7% Yield

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Fastenal Company Announces Cash Dividend

January 16, 2018 5:05 PM EST

WINONA, Minn., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Fastenal Company (Nasdaq: FAST) reported its board of directors declared a dividend of $0.37 per share to be paid in cash on February 27, 2018 to shareholders of record at the close of business on January 31, 2018. Except for share and per share information, dollar amounts are stated in millions.

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... More