Fastenal increased its quarterly cash dividend by 8.3% to 26 cents a share from 24 cents.
The dividend is payable Aug. 25 to shareholders of record July 28.
The new payout is equal to $1.04 a year and is equivalent to a dividend yield of about 2.2% based on Friday's closing share price of $46.49.
Fastenal said it repurchased 650,000 shares in the second quarter at an average price of $45.72. The company has authority to purchase up to 11,325,000 shares under its July 12, 2022 authorization, which has no expiration date.
Write to Doc Louallen at Doc.Louallen@wsj.com
(END) Dow Jones Newswires
July 10, 2026 16:24 ET (20:24 GMT)
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