Fastenal (FAST) Dividend History & Yield
Fastenal (FAST) has increased its dividend for 2 consecutive years and currently yields 2.11%. The most recent dividend was $0.2400/share on Feb 26, 2026, paid Quarterly.
FAST
Current Yield
2.11%
TTM Dividend/Share
$0.92
Payment Frequency
Quarterly
Payout Ratio
80.7%
Consecutive Growth Years
2
Div Growth (1Y CAGR)
12.18%
Div Growth (5Y CAGR)
4.56%
Div Growth (10Y CAGR)
12.07%
FAST: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
6.7%
FCF payout ratio
23.7%
Net debt / EBITDA
0.1x
Interest coverage
438.33x
ROIC (TTM)
29.6%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 80.7%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($0.92) does not fully cover dividend/share ($0.92).
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 (7.6%) — sustainable.
Per-payment dividend history
Ex-date Apr 28, 2026
- Payment date
- May 26, 2026
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
Ex-date Jan 29, 2026
- Payment date
- Feb 26, 2026
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
Ex-date Oct 28, 2025
- Payment date
- Nov 25, 2025
- Dividend
- $0.2200
- Adj. dividend
- $0.2200
Ex-date Jul 29, 2025
- Payment date
- Aug 26, 2025
- Dividend
- $0.2200
- Adj. dividend
- $0.2200
Ex-date Apr 25, 2025
- Payment date
- May 23, 2025
- Dividend
- $0.4400
- Adj. dividend
- $0.2200
Ex-date Jan 31, 2025
- Payment date
- Feb 28, 2025
- Dividend
- $0.4300
- Adj. dividend
- $0.2150
Ex-date Oct 25, 2024
- Payment date
- Nov 22, 2024
- Dividend
- $0.3900
- Adj. dividend
- $0.1950
Ex-date Jul 26, 2024
- Payment date
- Aug 23, 2024
- Dividend
- $0.3900
- Adj. dividend
- $0.1950
Ex-date Apr 24, 2024
- Payment date
- May 23, 2024
- Dividend
- $0.3900
- Adj. dividend
- $0.1950
Ex-date Jan 31, 2024
- Payment date
- Feb 29, 2024
- Dividend
- $0.3900
- Adj. dividend
- $0.1950
Ex-date Dec 5, 2023
- Payment date
- Dec 20, 2023
- Dividend
- $0.3800
- Adj. dividend
- $0.1900
Ex-date Oct 25, 2023
- Payment date
- Nov 24, 2023
- Dividend
- $0.3500
- Adj. dividend
- $0.1750
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| 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 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Fastenal has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 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 | — |
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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Fastenal (FAST) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.03B
YoY change
+12.4%
5Y CAGR
+4.6%
Peak year (2023)
$1.02B
Latest annual
$1.00B
Cash dividends paid over time for Fastenal (FAST)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Fastenal (FAST)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.00B | +12.4% | +$110.90M | ||
| 2024 | $893.30M | -12.1% | -$123.50M | ||
| 2023 | $1.02B | +42.9% | +$305.50M | ||
| 2022 | $711.30M | +10.5% | +$67.60M | ||
| 2021 | $643.70M | -19.9% | -$159.70M | ||
| 2020 | $803.40M | +61.1% | +$304.80M | ||
| 2019 | $498.60M | +12.8% | +$56.70M | ||
| 2018 | $441.90M | +19.7% | +$72.80M | ||
| 2017 | $369.10M | +6.5% | +$22.50M | ||
| 2016 | $346.60M | +6.0% | +$19.50M | ||
| 2015 | $327.10M | +10.3% | +$30.52M | ||
| 2014 | $296.58M | +24.9% | +$59.13M | ||
| 2013 | $237.46M | -35.4% | -$129.85M | ||
| 2012 | $367.31M | +91.6% | +$175.56M | ||
| 2011 | $191.74M | +4.9% | +$8.93M | ||
| 2010 | $182.81M | +70.9% | +$75.87M | ||
| 2009 | $106.94M | -9.0% | -$10.53M | ||
| 2008 | $117.47M | +77.4% | +$51.26M | ||
| 2007 | $66.22M | +9.4% | +$5.67M | ||
| 2006 | $60.55M | +29.0% | +$13.61M | ||
| 2005 | $46.94M | +54.6% | +$16.59M | ||
| 2004 | $30.35M | +90.5% | +$14.41M | ||
| 2003 | $15.94M | +320.0% | +$12.14M | ||
| 2002 | $3.79M | +11.1% | +$379,000 | ||
| 2001 | $3.42M | +12.5% | +$380,000 | ||
| 2000 | $3.04M | +102.3% | +$1.53M | ||
| 1999 | $1.50M | +87.5% | +$700,000 | ||
| 1998 | $800,000 | 0.0% | $0 | ||
| 1997 | $800,000 | 0.0% | $0 | ||
| 1996 | $800,000 | 0.0% | $0 | ||
| 1995 | $800,000 | 0.0% | $0 | ||
| 1994 | $800,000 | +33.3% | +$200,000 | ||
| 1993 | $600,000 | 0.0% | $0 | ||
| 1992 | $600,000 | +20.0% | +$100,000 | ||
| 1991 | $500,000 | — | +$500,000 | ||
| 1990 | $0 | — | $0 | ||
| 1989 | $0 | — | — |
Fastenal (FAST) most recent annual dividends paid stands at $1.00B (2025) – grew 12.4% year-over-year.
Fastenal dividends paid compound annual growth for the 2020–2025 (5 years) window is +4.6%, with the latest reading among the more recent periods of the dataset.
Fastenal dividends paid edged down from $1.02B in 2023 to $1.00B in 2025, a 1.2% drawdown.
$1.02B stands as the all-time-high annual dividends paid, posted in 2023, against a low of $0 during 1989.
Among 8 Industrials peers, Fastenal (FAST) ranks 8th; the peer median for dividends paid is $2.23B.
Fastenal Dividends Paid 2025: $1.00B
Fastenal dividends paid in 2025 was $1.00B, grew 12.4% from 2024.
Fastenal Dividends Paid 2024: $893.30M
Fastenal dividends paid in 2024 was $893.30M, declined 12.1% below 2023.
Fastenal Dividends Paid 2023: $1.02B
Fastenal dividends paid in 2023 was $1.02B, surged 42.9% from 2022. This figure represents the highest annual value in the available history.
Fastenal Dividends Paid 2022: $711.30M
Fastenal dividends paid in 2022 was $711.30M, grew 10.5% from 2021.
Fastenal Dividends Paid 2021: $643.70M
Fastenal dividends paid in 2021 was $643.70M.
See more financial history for Fastenal (FAST).
Sector peers by dividends paid
Companies in the same sector as Fastenal, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does Fastenal pay dividends?
Yes, Fastenal (FAST) pays quarterly dividends of approximately $0.92 per share annually, yielding 2.11%.
What is Fastenal's dividend yield?
Fastenal (FAST) has a current dividend yield of 2.11%.
Is Fastenal's dividend safe?
Fastenal (FAST) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Fastenal increased its dividend?
Fastenal (FAST) has 2 consecutive years of dividend increases.
What is Fastenal's dividend payout ratio?
Fastenal (FAST) has a dividend payout ratio of 80.7%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Fastenal's dividends paid?
Latest reported dividends paid for Fastenal (FAST) is $1.03B (period ending March 31, 2026).
How has Fastenal dividends paid changed year-over-year?
Fastenal (FAST) dividends paid changed +12.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Fastenal dividends paid?
Fastenal (FAST) dividends paid compound annual growth rate is +4.6% over the most recent 5 years available.
When did Fastenal dividends paid hit its highest annual value?
Fastenal dividends paid reached its highest annual value of $1.02B in 2023.
What was Fastenal dividends paid in 2024?
Fastenal (FAST) dividends paid in 2024 was $893.30M.
What was Fastenal dividends paid in 2025?
Fastenal (FAST) dividends paid in 2025 was $1.00B.
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