Fastenal (FAST) Raises Quarterly Dividend 13.6% to $0.25; 2.7% Yield
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Fastenal Company Announces Cash Dividend
January 16, 2020 5:15 PM ESTWINONA, Minn.--(BUSINESS WIRE)-- Fastenal Company (Nasdaq: FAST) reported its board of directors declared a dividend of $0.25 per share to be paid in cash on February 28, 2020 to shareholders of record at the close of business on January 31, 2020. 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, though all future determination as to payment of dividends will depend upon the financial... More
