Fastenal (FAST) Raises Quarterly Dividend 6.7% to $0.32; 2.7% Yield

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Go back to Fastenal (FAST) Raises Quarterly Dividend 6.7% to $0.32; 2.7% Yield

Fastenal Company Announces Cash Dividend

January 17, 2017 5:05 PM EST

WINONA, Minn., Jan. 17, 2017 (GLOBE NEWSWIRE) -- The Fastenal Company (the 'Company') of Winona, MN (Nasdaq: FAST) reported its board of directors declared a dividend of $0.32 per share to be paid in cash on February 28, 2017 to shareholders of record at the close of business on February 1, 2017.

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 upon the financial condition and... More