Summary
Fastenal Company (FAST) filed an 8-K on July 10, 2008, to report a key corporate action: the declaration of a cash dividend. The Board of Directors approved a dividend of $0.27 per share, payable on August 29, 2008, to shareholders of record as of August 18, 2008. This announcement provides investors with clarity on the company's capital return strategy and a specific timeline for receiving dividend income. The filing is primarily informational, drawing attention to the dividend declaration through an attached press release. For investors, this indicates continued financial health and a commitment to returning value to shareholders, especially in the context of the broader economic environment of mid-2008. The report also confirms the company's principal executive offices and provides contact information, along with the signature of CFO Daniel L. Florness.
Key Highlights
- 1Fastenal Company announced a cash dividend of $0.27 per share.
- 2The dividend is scheduled to be paid on August 29, 2008.
- 3Shareholders of record as of August 18, 2008, will be eligible to receive the dividend.
- 4The declaration was made by the Board of Directors on July 10, 2008.
- 5The information was disclosed via an 8-K filing on July 10, 2008, and an accompanying press release.
- 6This filing indicates the company's continued commitment to returning capital to its shareholders.