Fastenal Dividend
Dividend criteria checks 5/6
Fastenal is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
71%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.02 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0IKW's dividends per share have been stable in the past 10 years.
Growing Dividend: 0IKW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fastenal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0IKW) | 2.3% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Trade Distributors) | 1.9% |
Analyst forecast in 3 Years (0IKW) | 2.6% |
Notable Dividend: 0IKW's dividend (2.3%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: 0IKW's dividend (2.3%) is low compared to the top 25% of dividend payers in the UK market (5.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), 0IKW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), 0IKW's dividend payments are covered by cash flows.