UPDATE: Fastenal (FAST) Hikes Qtr. Dividend to 28c/Share; Yields 2.5%

Fastenal (NASDAQ: FAST) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. The dividend is up 12 percent from the prior rate of $0.25 per share, or $1.00 annualized.

The dividend will be payable on February 27, 2015, to stockholders of record on January 30, 2015, with an ex-dividend date of January 28, 2015.

The annual yield on the dividend is 2.5 percent.

For a dividend history and other dividend-related data on Fastenal (FAST) click here.

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