Fastenal (FAST) Raises Quarterly Dividend 8.1% to $0.40; 3.2% Yield

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Go back to Fastenal (FAST) Raises Quarterly Dividend 8.1% to $0.40; 3.2% Yield

Fastenal Company Announces Cash Dividend

July 10, 2018 5:05 PM EDT

WINONA, Minn., July 10, 2018 (GLOBE NEWSWIRE) -- Fastenal Company (Nasdaq: FAST) reported its board of directors declared a dividend of $0.40 per share to be paid in cash on August 22, 2018 to shareholders of record at the close of business on July 25, 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 dividends will depend... More