Fastenal reported its board declared a dividend of 10c per share to be paid in cash on March 1 to shareholders of record at the close of business on February 1. Fastenal began paying an annual dividend in 1991, expanded to a semi-annual dividend in 2003, and then switched to a quarterly dividend in 2011. In 2012, we paid four quarterly dividends of 17c in February, 17c in May, 19c in August, 21c in November, and a special supplemental dividend of 50c in December.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.