Fastenal's last quarterly dividend of $0.35 per share was on Oct 25, 2023 (ex-date). The annualized dividend payment of $1.4 per share represents a current dividend yield of 2.25%.
FAST has a dividend yield of 2.25% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.47%, Fastenal's dividend yield is 53% higher. The historical 5-year average of FAST's dividend yield is 2.5%, which is more than the current yield.
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 13% for the last twelve months. But with the stock price up by 24% from a year ago, the dividend yield has decreased by 9%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 |
FAST has a payout ratio of 70.4% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 30.9%, Fastenal's payout ratio is 128% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MSM Msc Industrial Direct Co Inc | 3.28% | $3.2 | 52.1% |
FAST Fastenal Co | 2.25% | $1.4 | 70.4% |
GWW Ww Grainger Inc | 0.91% | $7.3 | 20.3% |
Yes, Fastenal has paid four dividends in the last twelve months. FAST has been paying dividends since 2000.
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 January 2024.
Fastenal's last dividend ex-date was on Oct 25, 2023. The dividend amount was $0.35 per share.
FAST has paid dividend of $1.4 per share in the last year.
The current dividend yield of Fastenal is 2.25%.
Fastenal has a quarterly dividend frequency.
Fastenal's dividend payout ratio is 70.4%.
Fastenal's dividend yield is more than the Industrials sector average.