Dividend.com: Fastenal Slows Down

Shares of GWR are off of all-time highs of $47 a share, hit last summer. The stock has technical support in the $17-$18 price range. If the railroad operator's shares can firm up, we see overhead resistance around the $25-$29 levels. We do not currently rate this non-dividend paying stock at this time, but we do follow the railroad space closely.

Genesses & Wyoming does not currently pay a dividend.

Fidelity National Financial Plans to Sell Over 13 Million Shares in Offering

Shares of Fidelity National Financial(FNF Quote) are down nearly 3% in early trading after the company announced plans to make a public offering of 13,300,000 shares of its common stock.

Management said it plans to use net proceeds from the offering for general corporate purposes, including the potential repayment of indebtedness under the Company's existing $1.1 billion syndicated credit agreement.

We have avoided shares of FNF since our early June coverage began, when the stock traded at $15.29. The company has a 2.65% dividend yield based on last night's closing stock price of $22.60. The stock has technical support in the $16-$18 price area. If the shares can firm up, we see overhead resistance approaching the all-time high levels of $25-$28 per share. We recently upgraded to stock to our "upgrade watchlist" and it may be joining our "Best Dividend Stocks" list in the near future.

Fidelity National Financial is not recommended at this time, holding a Dividend.com DARST Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system.