About Us

About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

My Watchlist
Indicators
Cabling Market Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Fastenal Company Announces Cash Dividend

By: via Business Wire

Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') reported its board of directors declared a dividend of $0.44 per share to be paid in cash on May 23, 2025 to shareholders of record at the close of business on April 25, 2025. Except for share and per share information, dollar amounts are stated in millions.

We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, we have previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends, though all future determination as to payment of dividends will depend upon the financial condition and results of operations of Fastenal and such other factors as are deemed relevant by the board of directors at that time.

In 2025, 2024, and 2023, we paid (or declared) dividends as follows:

Year

 

First

Quarter

 

Second

Quarter

 

Third

Quarter

 

Fourth

Quarter

 

Sub-Total

(Regular)

Fourth Quarter

(Special)

 

Total

2025

 

$

0.43

 

$

0.44

 

 

 

 

 

 

 

 

 

2024

 

$

0.39

 

$

0.39

 

$

0.39

 

$

0.39

 

$

1.56

$

0.00

 

$

1.56

2023

 

$

0.35

 

$

0.35

 

$

0.35

 

$

0.35

 

$

1.40

$

0.38

 

$

1.78

Dividend and common stock purchase activity during the last ten years:

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Value

Total

Average Per

 

 

Total

Dividends per Share

of Common

Number

Share Price of

 

Dividend

Dividends

Regular

 

Special

 

Total

 

Stock

of Shares

Common Stock

Year

Payments

Paid

Dividend

 

Dividend

 

Dividend

 

Purchased

Purchased

Purchased

2025

Two (1)

 

$

499.0

 

 

$

0.87

 

 

$

—

 

$

0.87

 

 

$

—

 

 

—

 

 

$

—

 

2024

Four

 

$

893.3

 

 

$

1.56

 

 

$

—

 

$

1.56

 

 

$

—

 

 

—

 

 

$

—

 

2023

Five (2)

 

$

1,016.8

 

 

$

1.40

 

 

$

0.38

 

$

1.78

 

 

$

—

 

 

—

 

 

$

—

 

2022

Four

 

$

711.3

 

 

$

1.24

 

 

$

—

 

$

1.24

 

 

$

237.8

 

 

5,000,000

 

 

$

47.58

 

2021

Four

 

$

643.7

 

 

$

1.12

 

 

$

—

 

$

1.12

 

 

$

—

 

 

—

 

 

$

—

 

2020

Five (2)

 

$

803.4

 

 

$

1.00

 

 

$

0.40

 

$

1.40

 

 

$

52.0

 

 

1,600,000

 

 

$

32.54

 

2019

Four

 

$

498.6

 

 

$

0.87

 

 

$

—

 

$

0.87

 

 

$

—

 

 

—

 

 

$

—

 

2018

Four

 

$

441.9

 

 

$

0.77

 

 

$

—

 

$

0.77

 

 

$

103.0

 

 

4,000,000

 

 

$

25.75

 

2017

Four

 

$

369.1

 

 

$

0.64

 

 

$

—

 

$

0.64

 

 

$

82.6

 

 

3,800,000

 

 

$

21.72

 

2016

Four

 

$

346.6

 

 

$

0.60

 

 

$

—

 

$

0.60

 

 

$

59.5

 

 

3,200,000

 

 

$

18.58

 

Ten Year Total

 

 

$

6,223.7

 

 

$

10.07

 

 

$

0.78

 

$

10.85

 

 

$

534.9

 

 

17,600,000

 

 

$

30.39

 

(1)

The Total Dividends Paid amount includes the estimated impact from this announcement. The estimate is calculated using the 573.6 million shares outstanding at March 31, 2025.

(2)

There was a supplemental dividend paid in December 2020 and December 2023.

In the first quarter of 2025, we did not repurchase any of our common stock.

We have authority to purchase up to 6,200,000 additional shares of our common stock under the July 12, 2022 authorization. This authorization does not have an expiration date.

All share and per share information reflects the two-for-one stock split in 2019.

About Fastenal

With more than 3,500 in-market locations spanning 25 countries, Fastenal supplies a broad offering of fasteners, safety products, metal cutting products, and other industrial supplies to customers engaged in manufacturing, construction, warehousing, wholesale, and state and local government. By investing in local experts and inventory, customer-facing technology, wide-ranging services, and best-in-class sourcing and logistics, we offer a unique combination of capabilities to help our customers reduce cost, risk, and scalability constraints in their global supply chains. This "high-touch, high-tech" approach is reflected in our tagline, Where Industry Meets Innovation™.

Additional information regarding Fastenal is available on our website at www.fastenal.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that are not historical in nature and that are intended to be, and are hereby identified as, "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including a statement regarding expectations as to payment of a quarterly cash dividend in the foreseeable future. Any future determination as to payment of dividends will depend upon the financial condition and results of operations of Fastenal and such other factors as are deemed relevant by the board of directors. For example, a change in business needs including working capital and funding for acquisitions, or a change in income tax law relating to dividends or stock repurchases, could cause us to decide not to pay a dividend in the future or not to repurchase common stock pursuant to the existing share repurchase authorization. A discussion of other risks and uncertainties is included in our filings with the Securities and Exchange Commission, including our most recent annual report and subsequent quarterly reports.

FAST-D

Contacts

Taylor Ranta Oborski

Accounting Manager

507.313.7959

More News

View More
Datavault AI: The New AI Contender Backed by Big Funding
Via MarketBeat
Topics Artificial Intelligence
Tickers DVLT IBM SCLX
CoreWeave: Why the New King of AI Infrastructure Has Room to Run
Via MarketBeat
Topics Artificial Intelligence
Tickers CORZ CRWV META NVDA
Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Via MarketBeat
Topics Artificial Intelligence World Trade
Tickers FDX PFE UPS VZ
Etsy Partners With OpenAI—What It Means for Investors Now
Via MarketBeat
Topics Artificial Intelligence
Tickers ETSY
3 Solid Consumer Brands Offering Stability in Volatile Markets
Via MarketBeat
Topics Economy
Tickers AOUT JAKK KO PG SN
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.