0000815556-15-000049.txt : 20150713 0000815556-15-000049.hdr.sgml : 20150713 20150713172258 ACCESSION NUMBER: 0000815556-15-000049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150713 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150713 DATE AS OF CHANGE: 20150713 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FASTENAL CO CENTRAL INDEX KEY: 0000815556 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200] IRS NUMBER: 410948415 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16125 FILM NUMBER: 15986055 BUSINESS ADDRESS: STREET 1: 2001 THEURER BLVD CITY: WINONA STATE: MN ZIP: 55987 BUSINESS PHONE: 5074545374 MAIL ADDRESS: STREET 1: 2001 THEURER BLVD CITY: WINONA STATE: MN ZIP: 55987 8-K 1 fast071320158kdividendanno.htm 8-K FAST 07.13.2015 8K Dividend Announcement


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 13, 2015
 
Fastenal Company
(Exact name of registrant as specified in its charter)
 

Minnesota
0-16125
41-0948415
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)


2001 Theurer Boulevard, Winona, Minnesota
55987-1500
(Address of principal executive offices)
(Zip Code)

 
Registrant's telephone number, including area code:   (507) 454-5374
 
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 
 
[   ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[   ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[   ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[   ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 









Item 7.01. Regulation FD Disclosure.
On July 13, 2015 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
  Exhibit 99.1.       Press release dated July 13, 2015





SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
Fastenal Company
 
 
(Registrant)
 
 
 
July 13, 2015
 
/s/   SHERYL A. LISOWSKI
(Date)
 
Sheryl A. Lisowski
Controller & Chief Accounting Officer






Exhibit Index
 
99.1
Press release dated July 13, 2015
Electronically Filed



 EX-99.1 2 exhibit9907132015dividenda.htm PRESS RELEASE Exhibit 99 07.13.2015 Dividend Announcement


EXHIBIT 99.1
July 13, 2015    
Fastenal Company Announces Cash Dividend
WINONA, Minn., July 13, 2015 (GLOBE NEWSWIRE) -- The Fastenal Company (the "Company") of Winona, MN (Nasdaq:FAST) reported its board of directors declared a dividend of $0.28 per share to be paid in cash on August 25, 2015 to shareholders of record at the close of business on July 28, 2015.
Fastenal began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. Our board of directors intends to continue paying quarterly dividends, provided that any future determination as to payment of dividends will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the board of directors, such as income tax rates related to dividends.
In 2015, 2014, and 2013, we paid (or declared) dividends as follows:
Year
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2015
 
$
0.28

 
$
0.28

 
$
0.28

 
 
2014
 
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

2013
 
$
0.10

 
$
0.20

 
$
0.25

 
$
0.25

Dividend and stock purchase activity during the last ten years:
 
 
 
 
 
 
 
 
 
 
 
Total Value of
Total Number
 Per Share
 
 
 Total
Dividends per Share
Stock
of Shares
 Price of
 
Dividend
 Dividends
Regular
   Total
Purchased
Purchased
Stock
Year
Payments
Paid (000's)
Dividend
Dividend
(000's)
(000's)
Purchased
2015
Three1
 
$
245,978

 
 
$
0.84

 
 
$
0.84

 
 
$
250,425

 
 
6,000

 
 
$
41.74

 
2014
Four
 
$
296,581

 
 
$
1.00

 
 
$
1.00

 
 
$
52,942

 
 
1,200

 
 
$
44.12

 
2013
Four
 
$
237,456

 
 
$
0.80

 
 
$
0.80

 
 
$
9,080

 
 
200

 
 
$
45.40

 
2012
Five2
 
$
367,306

 
 
$
0.74

 
 
$
1.24

 
 
$
—

 
 
—

 
 
$
—

 
2011
Four
 
$
191,741

 
 
$
0.65

 
 
$
0.65

 
 
$
—

 
 
—

 
 
$
—

 
2010
Three2
 
$
182,814

 
 
$
0.41

 
 
$
0.62

 
 
$
—

 
 
—

 
 
$
—

 
2009
Two
 
$
106,943

 
 
$
0.36

 
 
$
0.36

 
 
$
41,104

 
 
2,200

 
 
$
18.69

 
2008
Three2
 
$
117,474

 
 
$
0.26

 
 
$
0.395

 
 
$
25,958

 
 
1,180

 
 
$
22.00

 
2007
Two
 
$
66,216

 
 
$
0.22

 
 
$
0.22

 
 
$
87,312

 
 
4,172

 
 
$
20.93

 
2006
Two
 
$
60,548

 
 
$
0.20

 
 
$
0.20

 
 
$
17,294

 
 
948

 
 
$
18.25

 
1 
The total dividends paid amount includes the estimated impact from this announcement. The estimate is calculated using the 290.1 million shares outstanding at June 30, 2015.
2 
There was a supplemental dividend paid in December 2012, 2010, and 2008.

All share and per share information reflects the two-for-one stock split in 2011.
Fastenal sells different types of industrial and construction supplies in the following product categories: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades and abrasives; fluid transfer components and accessories for hydraulic and pneumatic power; material handling; storage and packaging products; janitorial, chemical and paint products; electrical supplies; welding supplies; safety supplies; metals, alloys and materials; and office supplies.
Fastenal operates approximately 2,700 stores located primarily in North America with additional locations in Asia, Europe, Central and South America, and Africa. The Company operates 14 distribution centers in North America;




eleven in the United States - Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, Kansas, and three outside the United States - Ontario, Canada; Alberta, Canada; and Nuevo Leon, Mexico.
Additional information regarding Fastenal is available on the Fastenal Company website at www.fastenal.com.
The Fastenal Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6432.
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 the Company 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, could cause the Company to decide not to pay a dividend in the future. A discussion of other risks and uncertainties is included in the Company's filings with the SEC, including our most recent annual and quarterly reports. FAST-D
CONTACT:
Ellen Trester
 
Financial Reporting & Regulatory Compliance Manager
 
507.313.7282