Fastenal Co (NASDAQ:FAST) recently announced a dividend of $0.38 per share, payable on 2023-12-20, with the ex-dividend date set for 2023-12-05. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Fastenal Co's dividend performance and assess its sustainability.
There are a lot of ways to do that, but here are three stocks that you should strongly consider: NextEra Energy (NYSE: NEE), Rockwell Automation (NYSE: ROK), and Fastenal (NASDAQ: FAST). Buying NextEra Energy is really like buying two companies in one. The foundation for the business is the company's regulated utility operation (about 70% of the company).
In the most recent trading session, Fastenal (FAST) closed at $59.97, indicating a +0.55% shift from the previous trading day.