Fastenal (FAST) Declares $0.40 Special Dividend; 0.8% Yield

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Fastenal Company Announces Cash Dividend

November 20, 2020 6:50 AM EST

WINONA, Minn.--(BUSINESS WIRE)-- Fastenal Company (Nasdaq: FAST) reported its board of directors declared a special one-time dividend of $0.40 per share to be paid in cash on December 22, 2020 to shareholders of record at the close of business on December 2, 2020. Except for share and per share information, dollar amounts are stated in millions.

Fastenal began paying regular annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, Fastenal has previously paid special one-time dividends in December 2008 and again in December 2012. Our board... More