Fastenal Dividends and Buybacks
Dividend criteria checks 4/6
Fastenal is a dividend paying company with a current yield of 2.09% that is well covered by earnings. Next payment date is on 28th February, 2025 with an ex-dividend date of 31st January, 2025.
Key information
2.1%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 11.4% |
| Next dividend pay date | 28 Feb 25 |
| Ex dividend date | 31 Jan 25 |
| Dividend per share | US$1.560 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Fastenal's (NASDAQ:FAST) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21
At US$71.63, Is It Time To Put Fastenal Company (NASDAQ:FAST) On Your Watch List?
Jan 13Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Dec 29Fastenal: High Quality, But Valuation Concerns Apparent Amid Manufacturing Uncertainty
Dec 27Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
Dec 15Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20
Oct 18High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Oct 14Why We Like The Returns At Fastenal (NASDAQ:FAST)
Oct 11Fastenal: Resilience Is Overshadowed By Steep Valuation
Oct 06What Fastenal Company's (NASDAQ:FAST) P/E Is Not Telling You
Sep 27At US$69.82, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?
Sep 13Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation
Sep 12A Look At The Fair Value Of Fastenal Company (NASDAQ:FAST)
Aug 17Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results
Jul 20Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
Jul 12Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Jul 01Investor Optimism Abounds Fastenal Company (NASDAQ:FAST) But Growth Is Lacking
Jun 19Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns
Jun 07Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
May 14Here's Why Fastenal Company's (NASDAQ:FAST) CEO May Deserve A Raise
Apr 19Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 13Fastenal 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 22Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced
Jan 18Stability 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) | 2.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Trade Distributors) | 1.5% |
| Analyst forecast (FAST) (up to 3 years) | 2.7% |
Notable Dividend: FAST's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: FAST's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), FAST's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.5%), FAST's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 03:55 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
Fastenal Company is covered by 40 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| David Manthey | Baird |
| Scott Davis | Barclays |