SmarterDividends
FAST

Fastenal Company

FAST

Industrials · Stock · quarterly payer

Forward Yield

1.95%

Annual Dividend

$0.92

Payout Ratio

80%

5-Yr Growth

12.0%

Ex-Date

Apr 28, 2026

Frequency

Quarterly

FAST Dividend Safety Score

77/ 100
Grade B

Safe

Dividend-growth streak15 consecutive years of growth
Cut historyCut its dividend in 2011
Earnings payout coverage80% of earnings paid out
Free-cash-flow coverage117% of free cash flow
Balance-sheet strengthDebt/equity of 0.11
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FAST a good dividend stock?

Yes

Fastenal Company (FAST) pays a quarterly dividend yielding 1.95% ($0.92/yr), with 14 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 14 consecutive years of dividend growth
  • Strong 12.0% 5-yr dividend growth
  • 84% total price return over 5 years

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
1.95%
Payout Ratio
80%
Annual Dividend
$0.92
5-Yr Avg Growth
12.0%
Ex-Dividend Date
Apr 28, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.73
Market Cap
$54.1B
P/E Ratio
41.7
5-Yr Total Return
84%
52-Week Range
$38.97 – $50.63
Dividend Safety
B · 77/100
Ever Cut?
Yes (2011)
FAST ex-dividend date & scheduleNext ex-date Apr 28, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.92 / yr per share

Per payment (quarterly)$23.00
Annual$92.00
Monthly avg$7.67