Fastenal: An Excellent Dividend Paying Stock, But Valuation Is Rich

As a dividend growth investor, I want to own names that have a long history of paying dividends. When looking for a potential investment, I want to own industry leaders that have a demonstrated history of paying and raising dividends. I alsoI've written about investing for Seeking Alpha since 2015 and for Sure Dividend since 2018. I focus primarily on owning shares of companies that have demonstrated long histories of dividend growth. These types of companies have largely proven successful at raising divide ...