Summary
Fastenal Company (FAST) filed an 8-K report on January 19, 2006, to announce a routine corporate action: the declaration of a quarterly cash dividend. The Board of Directors approved a dividend of $0.20 per share, payable on March 3, 2006, to shareholders of record on February 20, 2006. This filing provides timely information to investors regarding their expected dividend income and the associated payment schedule. While not indicative of significant operational changes or financial performance, it confirms Fastenal's ongoing commitment to returning value to its shareholders through regular dividend distributions. Investors can use this information to manage their portfolios and anticipate cash flows.
Key Highlights
- 1Fastenal Company declared a quarterly cash dividend of $0.20 per share.
- 2The dividend is scheduled to be paid on March 3, 2006.
- 3Shareholders of record as of the close of business on February 20, 2006, are eligible to receive the dividend.
- 4The announcement was made via a press release filed as an exhibit to the 8-K.
- 5The filing confirms the company's ongoing practice of distributing profits to shareholders.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially announce Fastenal Company's declaration of a quarterly cash dividend and to provide the payment and record dates for eligible shareholders.
The declared dividend is $0.20 per share, and it is scheduled to be paid on March 3, 2006.
Shareholders who are on record with the company at the close of business on February 20, 2006, will be eligible to receive the $0.20 per share dividend.
No, this specific 8-K filing is solely an 'Other Event' report related to the declaration of a dividend. It does not contain details on the company's financial performance or operational results.