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FAST Fastenal dividend history, payout ratio & dates

Fastenal's last quarterly dividend of $0.39 per share was on Apr 24, 2024 (ex-date). The annualized dividend payment of $1.48 per share represents a current dividend yield of 2.17%.

Key dates

  • FAST last dividend date: Apr 24, 2024
  • FAST next dividend date: Not announced
FAST dividend stats
DPS
$1.48
Dividend yield
2.17%
Payout ratio
73.3%
vs. Industrials sector
Dividend yield
1.43%
Payout ratio
30.4%

Dividend yield

What is Fastenal current dividend yield

FAST has a dividend yield of 2.17% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.43%, Fastenal's dividend yield is 52% higher. The historical 5-year average of FAST's dividend yield is 2.4%, which is more than the current yield.

Dividend history

What is FAST dividend payout history and dates

Fastenal has a history of paying dividends since 2000. Our records of FAST show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 12% for the last twelve months. But with the stock price up by 30% from a year ago, the dividend yield has decreased by 14%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 24, 2024 May 23, 2024 Apr 10, 2024 $0.39 normal
Jan 31, 2024 Feb 29, 2024 Jan 17, 2024 $0.39 normal
Oct 25, 2023 Nov 24, 2023 Oct 11, 2023 $0.35 normal
Jul 26, 2023 Aug 24, 2023 Jul 12, 2023 $0.35 normal
Apr 26, 2023 May 25, 2023 Apr 12, 2023 $0.35 normal
Feb 1, 2023 Mar 2, 2023 Jan 18, 2023 $0.35 normal
Oct 26, 2022 Nov 23, 2022 Oct 12, 2022 $0.31 normal
Jul 26, 2022 Aug 24, 2022 Jul 12, 2022 $0.31 normal
Apr 26, 2022 May 25, 2022 Apr 12, 2022 $0.31 normal
Feb 1, 2022 Mar 2, 2022 Jan 18, 2022 $0.31 normal
Oct 25, 2021 Nov 23, 2021 Oct 11, 2021 $0.28 normal
Jul 26, 2021 Aug 24, 2021 Jul 12, 2021 $0.28 normal
Apr 23, 2021 May 25, 2021 Apr 12, 2021 $0.28 normal
Feb 2, 2021 Mar 3, 2021 Jan 19, 2021 $0.28 normal
Dec 1, 2020 Dec 22, 2020 Nov 20, 2020 $0.4 normal
Oct 26, 2020 Nov 24, 2020 Oct 12, 2020 $0.25 normal
Jul 27, 2020 Aug 25, 2020 Jul 13, 2020 $0.25 normal
Apr 27, 2020 May 26, 2020 Apr 13, 2020 $0.25 normal
Jan 30, 2020 Feb 28, 2020 Jan 16, 2020 $0.25 normal
Oct 24, 2019 Nov 22, 2019 Oct 10, 2019 $0.22 normal
Jul 24, 2019 Aug 22, 2019 Jul 10, 2019 $0.22 normal
Apr 23, 2019 May 22, 2019 Apr 10, 2019 $0.215 normal
Jan 30, 2019 Feb 27, 2019 Jan 16, 2019 $0.215 normal
Oct 23, 2018 Nov 21, 2018 Oct 9, 2018 $0.2 normal
Jul 24, 2018 Aug 22, 2018 Jul 10, 2018 $0.2 normal
Apr 24, 2018 May 23, 2018 Apr 10, 2018 $0.185 normal
Jan 30, 2018 Feb 27, 2018 Jan 16, 2018 $0.185 normal
Oct 24, 2017 Nov 22, 2017 Oct 10, 2017 $0.16 normal
Jul 24, 2017 Aug 23, 2017 Jul 11, 2017 $0.16 normal
Apr 24, 2017 May 24, 2017 Apr 11, 2017 $0.16 normal
Jan 30, 2017 Feb 28, 2017 Jan 17, 2017 $0.16 normal
Oct 21, 2016 Nov 22, 2016 Oct 10, 2016 $0.15 normal
Jul 22, 2016 Aug 23, 2016 Jul 11, 2016 $0.15 normal
Apr 22, 2016 May 24, 2016 Apr 11, 2016 $0.15 normal
Jan 27, 2016 Feb 26, 2016 Jan 14, 2016 $0.15 normal
Oct 23, 2015 Nov 24, 2015 Oct 12, 2015 $0.14 normal
Jul 24, 2015 Aug 25, 2015 Jul 13, 2015 $0.14 normal

Fastenal dividend payout ratio

What is Fastenal dividend payout ratio compared to the sector

Payout ratio

FAST has a payout ratio of 73.3% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 30.4%, Fastenal's payout ratio is 141% higher.

Total amount of dividends paid per financial year (from cash flow)

FAST dividend vs peer dividends

How does FAST dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MSM Msc Industrial Direct Co Inc 3.52% $3.28 58.6%
FAST Fastenal Co 2.17% $1.48 73.3%
GWW Ww Grainger Inc 0.8% $7.44 20.5%

Frequently asked questions

Does Fastenal pay a dividend?

Yes, Fastenal has paid four dividends in the last twelve months. FAST has been paying dividends since 2000.

When is Fastenal's next dividend?

At this point we don't have a record of FAST's next dividend date, but based on the current dividend schedule we project that it will likely be in July 2024.

When was FAST's last dividend?

Fastenal's last dividend ex-date was on Apr 24, 2024. The dividend amount was $0.39 per share.

How much dividend does Fastenal pay (per share)?

FAST has paid dividend of $1.48 per share in the last year.

What is Fastenal's dividend yield?

The current dividend yield of Fastenal is 2.17%.

How often does Fastenal pay dividends?

Fastenal has a quarterly dividend frequency.

What is Fastenal's dividend payout ratio?

Fastenal's dividend payout ratio is 73.3%.

Does Fastenal pay a good dividend?

Fastenal's dividend yield is more than the Industrials sector average.