Summary
This 8-K filing from Fastenal Company (FAST), dated January 18, 2007, primarily announces a routine corporate action: the declaration of a cash dividend. The Board of Directors declared a dividend of $0.21 per share, payable on March 2, 2007, to shareholders of record as of February 26, 2007. For investors, this signifies the company's continued practice of returning capital to shareholders. While this filing doesn't contain operational or financial performance data, it confirms ongoing profitability sufficient to support dividend payments. Investors should note the ex-dividend date and payment date to manage their holdings for participation in this distribution.
Key Highlights
- 1Fastenal Company's Board of Directors declared a cash dividend.
- 2The dividend amount is $0.21 per share.
- 3The dividend payment date is scheduled for March 2, 2007.
- 4Shareholders of record on February 26, 2007, will receive the dividend.
- 5The filing is an 8-K report, indicating a material event.
- 6The press release announcing the dividend is attached as an exhibit.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly announce that Fastenal Company's Board of Directors has declared a cash dividend of $0.21 per share.
The dividend will be paid in cash on March 2, 2007.
Shareholders who are of record at the close of business on February 26, 2007, are eligible to receive this dividend payment.
No, this 8-K filing does not provide any specific financial performance data or updates. It solely focuses on the declaration of a dividend.