Fastenal is engaged in the wholesale distribution of industrial and construction supplies. Most of Co.'s customers are in the manufacturing and non-residential construction markets. Other users of Co.'s products include farmers, truckers, railroads, and oil exploration companies. Co. is a distributor of fasteners and related industrial and construction supplies. This includes threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. Co.'s fastener product line is primarily sold under the Fastenal product name. The FAST stock yearly return is shown above.
The yearly return on the FAST stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the FAST annual return calculation with any dividends reinvested as applicable (on ex-dates).
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