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Fastenal Buy Write Nails Down Dividend, 51% Annualized Return Potential

Por: Forbes Business October 13, 2022

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Screw and bolt supplier Fastenal (FAST) reported quarterly earnings this morning that exceeded expectations. The stock is trading up 3.5%. There is an ex-dividend date coming up in less than two weeks on October 26 for a $0.31 per share payout. If you don’t own FAST, a buy write looks attractive today and has the potential to generate a 51.5% annualized return through November 18. Fastenal (FAST) - Buy Write Buy 100 FAST Sell to Open 1... + full article



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