Looking at the universe of stocks we cover at Dividend Channel, on 10/23/13, Fastenal Co. (FAST) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 11/22/13. As a percentage of FAST's recent stock price of $49.00, this dividend works out to approximately 0.51%, so look for shares of Fastenal Co. to trade 0.51% lower — all else being equal — when FAST shares open for trading on 10/23/13.
Cash Dividend On The Way From Fastenal (FAST)
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