Fastenal Dividend
Dividend criteria checks 5/6
Fastenal is a dividend paying company with a current yield of 2.27% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 24th April, 2024.
Key information
2.3%
Dividend yield
71%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 23 May 24 |
| Ex dividend date | 24 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.02 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 13
Fastenal Q1 Earnings: Subdued Demand Despite Improving Manufacturing Outlook
Apr 11What Is Fastenal Company's (NASDAQ:FAST) Share Price Doing?
Apr 02Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know
Mar 26Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital
Mar 06Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Feb 22Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results
Feb 09Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced
Jan 18Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)
Jan 08Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today
Dec 25Is Fastenal Company (NASDAQ:FAST) Worth US$63.4 Based On Its Intrinsic Value?
Dec 12Is It Time To Consider Buying Fastenal Company (NASDAQ:FAST)?
Nov 25Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Nov 13Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Oct 30Should You Be Adding Fastenal (NASDAQ:FAST) To Your Watchlist Today?
Sep 20Is Now An Opportune Moment To Examine Fastenal Company (NASDAQ:FAST)?
Aug 24Does This Valuation Of Fastenal Company (NASDAQ:FAST) Imply Investors Are Overpaying?
Aug 12Fastenal (NASDAQ:FAST) Could Easily Take On More Debt
Jul 31Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Jul 02Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today
Jun 18Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching
May 09Fastenal (NASDAQ:FAST) Has A Rock Solid Balance Sheet
Apr 23Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Mar 16Here's Why We Think Fastenal (NASDAQ:FAST) Is Well Worth Watching
Mar 04Fastenal (NASDAQ:FAST) Seems To Use Debt Rather Sparingly
Jan 16Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching
Dec 13Fastenal (NASDAQ:FAST) Knows How To Allocate Capital
Nov 30Is Fastenal Company (NASDAQ:FAST) Worth US$51.7 Based On Its Intrinsic Value?
Nov 19If EPS Growth Is Important To You, Fastenal (NASDAQ:FAST) Presents An Opportunity
Oct 25Fastenal: Built To Last, But Not A Buy Yet
Oct 19Fastenal GAAP EPS of $0.50 beats by $0.02, revenue of $1.8B beats by $20M
Oct 13Fastenal (NASDAQ:FAST) Could Easily Take On More Debt
Oct 10Is It Too Late To Consider Buying Fastenal Company (NASDAQ:FAST)?
Sep 04Fastenal: Good Growth Prospects But Expensive
Aug 28Estimating The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)
Aug 13Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Aug 02Fastenal Q2 2022 Earnings Preview
Jul 12Does Fastenal (NASDAQ:FAST) Have A Healthy Balance Sheet?
Jul 11Fastenal: The Price Isn't Right Just Yet
Jul 05Fastenal (NASDAQ:FAST) Ticks All The Boxes When It Comes To Earnings Growth
Jun 18At US$52.52, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?
May 27A Look At The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)
May 12Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns
Apr 30Upcoming Dividend Payment
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% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Trade Distributors) | 1.6% |
| Analyst forecast in 3 Years (FAST) | 2.6% |
Notable Dividend: FAST's dividend (2.27%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: FAST's dividend (2.27%) is low compared to the top 25% of dividend payers in the US market (4.88%).
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.