Fastenal Dividend

What is Fastenal current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.38%

Current Dividend Yield

Dividend Yield vs Market

Fastenal Dividend Yield vs Market
How does FAST dividend yield compare to the market?
SegmentDividend Yield
Company (FAST)2.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.3%
Industry Average (Trade Distributors)2.2%
Analyst forecast in 3 Years (FAST)2.7%

Notable Dividend: FAST's dividend (2.38%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: FAST's dividend (2.38%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Stability and Growth of Payments

How stable has Fastenal's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20241.436
12/31/20231.327
12/31/20221.258
11/21/20221.242.38
10/14/20221.242.55
7/14/20221.242.49
7/13/20221.242.64
1/18/20221.242.3
10/11/20211.121.88
7/12/20211.122.07
4/12/20211.122.14
1/19/20211.122.34
10/12/202012.1
7/13/202012.17
4/13/202012.54
1/16/202012.91
10/10/20190.882.42
7/10/20190.882.84
4/10/20190.862.62
1/16/20190.862.77
10/9/20180.82.99
7/10/20180.82.78
4/10/20180.742.89
1/16/20180.742.69
10/10/20170.642.54
7/11/20170.642.96
4/11/20170.642.9
1/17/20170.642.53
10/10/20160.62.72
7/11/20160.62.84
4/11/20160.62.64
1/14/20160.62.72
10/12/20150.562.83
7/13/20150.562.87
4/14/20150.562.65
1/14/20150.562.64
10/9/20140.52.23
10/8/20130.41.69
10/10/20120.371.56

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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.9%), FAST's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (114.1%), FAST's dividend payments are not well covered by cash flows.


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