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Fastenal (FAST) Dividend Yield, Date & History

Fastenal logo
$74.82 +0.79 (+1.07%)
(As of 12/20/2024 05:31 PM ET)

Fastenal Dividend Summary

Dividend Yield
2.09%
Annual Dividend
$1.56
Recent
Dividend Payment
Nov. 22
Dividend Increase
Track Record
25 Years
Annualized 3-Year
Dividend Growth
11.87%
Dividend Payout Ratio
77.61%

Fastenal (FAST) pays an annual dividend of $1.56 per share, with a dividend yield of 2.09%. The next quarterly payment of $0.39 per share was paid on Friday, November 22, to investors who owned the stock before the ex-dividend date of Friday, October 25. FAST has grown its dividend for 25 consecutive years, with an average annual increase of 3.81%. The company currently pays out 77.61% of its earnings and 70.87% of its cash flow as dividends.

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FAST Dividend Payments by Quarter

The chart below displays up to four years of Fastenal's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

FAST Dividend Yield Over Time

The chart below tracks Fastenal's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Fastenal vs. The Competition

Compare Fastenal's annual dividend, yield, and 3-year growth rate with averages for Retail and NASDAQ companies to evaluate its performance against the market.

TypeFastenalRetail CompaniesNASDAQ Companies
Annual Dividend$1.56$0.03$1.31
Dividend Yield2.09%167.12%4.23%
Annualized 3-Year Dividend Growth11.87%27.48%14.22%
Track Record25 years27 years19 years

Fastenal Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings77.61%
Based on This Year's Estimate76.85%
Based on Next Year's Estimate71.23%
Based on Cashflow70.87%

Fastenal Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/10/2024quarterly$0.39 - 2.23%10/25/202410/25/202411/22/2024
7/11/2024quarterly$0.39 - 2.43%7/26/20247/26/20248/23/2024
4/10/2024quarterly$0.39 - 2.09%4/24/20244/25/20245/23/2024
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1/17/2024quarterly$0.39+$0.01
2.63%
2.46%1/31/20242/1/20242/29/2024
11/20/2023quarterly$0.38+$0.03
8.57%
2.5%12/5/202312/6/202312/20/2023
10/11/2023quarterly$0.35 - 2.5%10/25/202310/26/202311/24/2023
7/12/2023quarterly$0.35 - 2.38%7/26/20237/27/20238/24/2023
4/12/2023quarterly$0.35 - 2.66%4/26/20234/27/20235/25/2023
1/18/2023quarterly$0.35+$0.04
12.90%
2.94%2/1/20232/2/20233/2/2023

This table shows Fastenal's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Fastenal Dividend - Frequently Asked Questions

The current dividend yield for Fastenal is 2.09%. Learn more on FAST's dividend yield history.

The annual dividend for FAST shares is $1.56. Learn more on FAST's annual dividend history.

Fastenal pays quarterly dividends to shareholders.

Fastenal's most recent quarterly dividend payment of $0.39 per share was made to shareholders on Friday, November 22, 2024.

Fastenal's most recent ex-dividend date was Friday, October 25, 2024.

Over the past three years, the company's dividend has grown by an average of 11.87% per year.

Fastenal has increased its dividend for the past 25 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, January 17, 2024.

The dividend payout ratio for FAST is:
  • 77.61% based on the trailing year of earnings
  • 76.85% based on this year's estimates
  • 71.23% based on next year's estimates
  • 70.87% based on cash flow

Fastenal's dividend yield of 2.01% is lower than the average Retail/Wholesale company that issues a dividend. The company's 25 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Fastenal's dividend payout ratio of 77.61% may not be sustainable. However, based on earnings estimates, FAST will have a more sustainable dividend payout ratio of 71.23% next year.

Looking at the stock as a whole, market analysts rate Fastenal stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:FAST) was last updated on 12/21/2024 by MarketBeat.com Staff
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