Fastenal Dividends and Buybacks

Dividend criteria checks 5/6

Fastenal is a dividend paying company with a current yield of 2.09% that is well covered by earnings.

Key information

2.1%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield2.0%
Future Dividend Yield2.3%
Dividend Growth-2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.560
Payout ratio75%

Recent dividend and buyback updates

Recent updates

Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?

Dec 15
Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?

Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20

Oct 18
Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20

High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback

Oct 14

Why We Like The Returns At Fastenal (NASDAQ:FAST)

Oct 11
Why We Like The Returns At Fastenal (NASDAQ:FAST)

Fastenal: Resilience Is Overshadowed By Steep Valuation

Oct 06

What Fastenal Company's (NASDAQ:FAST) P/E Is Not Telling You

Sep 27
What Fastenal Company's (NASDAQ:FAST) P/E Is Not Telling You

At US$69.82, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?

Sep 13
At US$69.82, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?

Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation

Sep 12

A Look At The Fair Value Of Fastenal Company (NASDAQ:FAST)

Aug 17
A Look At The Fair Value Of Fastenal Company (NASDAQ:FAST)

Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results

Jul 20
Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results

Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft

Jul 12

Is Fastenal (NASDAQ:FAST) Using Too Much Debt?

Jul 01
Is Fastenal (NASDAQ:FAST) Using Too Much Debt?

Investor Optimism Abounds Fastenal Company (NASDAQ:FAST) But Growth Is Lacking

Jun 19
Investor Optimism Abounds Fastenal Company (NASDAQ:FAST) But Growth Is Lacking

Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns

Jun 07
Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns

Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?

May 14
Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?

Here's Why Fastenal Company's (NASDAQ:FAST) CEO May Deserve A Raise

Apr 19
Here's Why Fastenal Company's (NASDAQ:FAST) CEO May Deserve A Raise

Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 13
Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Fastenal Q1 Earnings: Subdued Demand Despite Improving Manufacturing Outlook

Apr 11

What Is Fastenal Company's (NASDAQ:FAST) Share Price Doing?

Apr 02
What Is Fastenal Company's (NASDAQ:FAST) Share Price Doing?

Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know

Mar 26

Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital

Mar 06
Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital

Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Feb 22
Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet

Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Feb 09
Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results

Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced

Jan 18

Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)

Jan 08
Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)

Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

Dec 25
Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today

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
How does FAST dividend yield compare to the market?
SegmentDividend Yield
Company (FAST)2.1%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Trade Distributors)1.5%
Analyst forecast (FAST) (up to 3 years)2.3%

Notable Dividend: FAST's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FAST's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (4.56%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (75.3%), FAST's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (85.8%), FAST's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fastenal Company is covered by 43 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
David MantheyBaird
Ishan MajumdarBaptista Research