Fastenal Dividends and Buybacks
Dividend criteria checks 5/6
Fastenal is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.560 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FAST *'s dividends per share have been stable in the past 10 years.
Growing Dividend: FAST *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fastenal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FAST *) | 2.3% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Trade Distributors) | 4.9% |
| Analyst forecast (FAST *) (up to 3 years) | 2.7% |
Notable Dividend: FAST *'s dividend (2.35%) is higher than the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: FAST *'s dividend (2.35%) is low compared to the top 25% of dividend payers in the MX market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), FAST *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), FAST *'s dividend payments are covered by cash flows.