Current Yield
1.93%
TTM Dividend/Share
$0.92
Payment Frequency
Quarterly
Payout Ratio
80.7%
Consecutive Growth Years
2
Key takeaways
- Fastenal (FAST) has raised its dividend for 2 consecutive years.
- Fastenal (FAST) currently yields 1.93%, paying $0.92 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 80.7% — the share of earnings distributed as dividends.
- 5 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 4.56%.
Dividend yield valuation for Fastenal (FAST)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 1.93% |
1-year average yield | 2.18%now 0.25 pp below |
3-year average yield | 2.36%now 0.43 pp below |
5-year average yield | 2.29%now 0.36 pp below |
FAST: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Fastenal (FAST)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 6.5% |
FCF payout ratio | 23.7% |
Net debt / EBITDA | 0.1x |
Interest coverage | 438.33x |
ROIC (TTM) | 29.6% |
Dividend safety score for Fastenal (FAST)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
5 of 8 checks passed
Payout ratio below 75%
Payout ratio is 80.7%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $130M — FCF fully covers the payout.
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 23.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.6%) ≤ EPS growth (7.7%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
95 payments from 1991 to 2026 · Adj. Dividend is split-adjusted
| Apr 28, 2026 | May 26, 2026 | $0.2400 | $0.2400 |
| Jan 29, 2026 | Feb 26, 2026 | $0.2400 | $0.2400 |
| Oct 28, 2025 | Nov 25, 2025 | $0.2200 | $0.2200 |
| Jul 29, 2025 | Aug 26, 2025 | $0.2200 | $0.2200 |
| Apr 25, 2025 | May 23, 2025 | $0.4400 | $0.2200 |
| Jan 31, 2025 | Feb 28, 2025 | $0.4300 | $0.2150 |
| Oct 25, 2024 | Nov 22, 2024 | $0.3900 | $0.1950 |
| Jul 26, 2024 | Aug 23, 2024 | $0.3900 | $0.1950 |
| Apr 24, 2024 | May 23, 2024 | $0.3900 | $0.1950 |
| Jan 31, 2024 | Feb 29, 2024 | $0.3900 | $0.1950 |
| Dec 5, 2023 | Dec 20, 2023 | $0.3800 | $0.1900 |
| Oct 25, 2023 | Nov 24, 2023 | $0.3500 | $0.1750 |
- Apr 28, 2026$0.2400
- Jan 29, 2026$0.2400
- Oct 28, 2025$0.2200
- Jul 29, 2025$0.2200
- Apr 25, 2025$0.4400
- Jan 31, 2025$0.4300
- Oct 25, 2024$0.3900
- Jul 26, 2024$0.3900
- Apr 24, 2024$0.3900
- Jan 31, 2024$0.3900
- Dec 5, 2023$0.3800
- Oct 25, 2023$0.3500
Historical dividend yield for Fastenal (FAST)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 2.18%5Y: 2.29%10Y: 2.45%
Dividend per share for Fastenal (FAST)
CAGR (per year)1Y: 12.18%5Y: 4.56%10Y: 12.07%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1991 | $0.00 | 1 |
| 1992 | $0.00 | 1 |
| 1993 | $0.00 | 1 |
| 1994 | $0.00 | 1 |
| 1995 | $0.00 | 1 |
| 1996 | $0.00 | 1 |
| 1997 | $0.00 | 1 |
| 1998 | $0.00 | 1 |
| 1999 | $0.00 | 1 |
| 2000 | $0.00 | 1 |
| 2001 | $0.00 | 1 |
| 2002 | $0.00 | 1 |
| 2003 | $0.01 | 2 |
| 2004 | $0.03 | 2 |
| 2005 | $0.04 | 2 |
| 2006 | $0.05 | 2 |
| 2007 | $0.06 | 2 |
| 2008 | $0.10 | 3 |
| 2009 | $0.09 | 2 |
| 2010 | $0.15 | 3 |
| 2011 | $0.16 | 4 |
| 2012 | $0.31 | 5 |
| 2013 | $0.20 | 4 |
| 2014 | $0.25 | 4 |
| 2015 | $0.28 | 4 |
| 2016 | $0.30 | 4 |
| 2017 | $0.32 | 4 |
| 2018 | $0.39 | 4 |
| 2019 | $0.43 | 4 |
| 2020 | $0.70 | 5 |
| 2021 | $0.56 | 4 |
| 2022 | $0.62 | 4 |
| 2023 | $0.89 | 5 |
| 2024 | $0.78 | 4 |
| 2025 | $0.88 | 4 |
| 2026 | $0.48 | 2 |
Dividend growth for Fastenal (FAST)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.8750 | — | — |
| 2025 | $0.7800 | $0.8750 | +12.2% |
| 2024 | $0.8900 | $0.7800 | -12.4% |
| 2023 | $0.6200 | $0.8900 | +43.5% |
| 2022 | $0.5600 | $0.6200 | +10.7% |
| 2021 | $0.7000 | $0.5600 | -20.0% |
| 2020 | $0.4350 | $0.7000 | +60.9% |
| 2019 | $0.3850 | $0.4350 | +13.0% |
| 2018 | $0.3200 | $0.3850 | +20.3% |
| 2017 | $0.3000 | $0.3200 | +6.7% |
| 2016 | $0.2800 | $0.3000 | +7.1% |
| 2015 | $0.2500 | $0.2800 | +12.0% |
| 2014 | $0.2000 | $0.2500 | +25.0% |
| 2013 | $0.3100 | $0.2000 | -35.5% |
| 2012 | $0.1625 | $0.3100 | +90.8% |
| 2011 | — | $0.1625 | — |
- 2026—
- 2025$0.8750
- 2024$0.7800
- 2023$0.8900
- 2022$0.6200
- 2021$0.5600
- 2020$0.7000
- 2019$0.4350
- 2018$0.3850
- 2017$0.3200
- 2016$0.3000
- 2015$0.2800
- 2014$0.2500
- 2013$0.2000
- 2012$0.3100
- 2011$0.1625
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Fastenal (FAST) Key Financials
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