Fastenal Company (NASDAQ:FAST) Updates On Quarterly Dividend


As per Fastenal Company (NASDAQ:FAST) statement on 2016-07-12, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.3 per share as dividend to stakeholders. The record date is set as 2016-07-26, the payout date as 2016-08-23 and the ex-dividend date is 2016-07-22.

Last fiscal Fastenal Company (NASDAQ:FAST) disbursed cash dividend of $0.3. A year ago, the payout was $0.3, which indicates a difference of 12%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.3, implying 12.5551% growth.

For the period ended on 2015-12-31, Fastenal Company (NASDAQ:FAST)’s earnings came at $0.45 per share compared to EPS of $0.47 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-11. For this quarter, the analysts have earnings estimate of $0.45 per share.

The interim price target for Fastenal Company (NASDAQ:FAST) is set at $44.5. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Fastenal Company (NASDAQ:FAST) is seen at $51 and the lowest level is established at $36. This broad range highlights a standard deviation of $5.753 in reported estimates.

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