Fastenal Company: A Top Dividend Stock for Long-Term Investors

Reported 13 days ago

Fastenal Company (NASDAQ:FAST) is recognized as one of the essential dividend stocks for long-term investment, benefiting from economic cycles and its innovative customer-focused solutions. With over 31% year-to-date returns and 26 years of consecutive dividend increases, it currently offers a quarterly dividend of $0.22 per share and has a yield of 1.88%. Despite its strong position, some analysts suggest exploring other AI stocks with potentially greater upside.

Source: YAHOO

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