
Fastenal: Dividend Upped by Double-Digit Percentage
Among stocks on this list, Fastenal (NASDAQ: FAST) raised its dividend the most on a percentage basis. The company’s quarterly dividend payment will rise from $0.39 per share to $0.43 per share, a 10% increase. Since 1991, Fastenal has consistently raised its dividend payments; however, it didn’t start paying quarterly dividends until 2011.