For now, the company is following a successful, if ad-hoc, sales model.
News & Analysis: Fastenal
With or without a large federal infrastructure spending package, these companies are successful and growing.
With dividends already yielding between 2% and 5%, these three companies will continue to increase payouts to shareholders.
Company notes that "products like 3-ply masks and disposable respirators are oversupplied and prices have declined."
These companies offer income investors the possibility of substantial long-term share price growth in addition to their regular quarterly payouts.
The industrial company hasn't skipped a beat so far in 2020, despite COVID-19. Investors are rewarding that consistency for now.
The industrial parts supplier has held up pretty well in the face of COVID-19, helped along by its diversified business.
These three industrial stocks will provide a good look at the shape of the downturn and then the recovery.
A closer look at its good earnings report may be a bad sign for its industrial customers.
Higher dividend yields and faster growth? Yes, please.