By Connor Hart
Fastenal increased its dividend by 1 cent, to 44 cents.
The new payout, equal to $1.76 a year, represents an annual yield of about 2.3% based on Thursday's closing price of $75.79.
The higher dividend will be paid on May 23 to shareholders of record as of April 25, the industrial- and construction-supplies maker said.
The Winona, Minn., is scheduled to release its first-quarter results before the start of trading on Friday.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
April 10, 2025 16:16 ET (20:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。