FAST Dividend Calculator
Calculate how much dividend income Fastenal Company (FAST) could generate with reinvestment. Pre-loaded with FAST's current 2.04% yield and 9.3% dividend growth rate.
Dividend Yield: 2.04%
Annual Dividend: $0.96 per share
Share Price: $51.02
Payout Ratio: 78.6%
FAST DRIP Calculator
Model FAST dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 9.3% per year
What If You Invested $1,000 in FAST 10 Years Ago?
A $1,000 investment in FAST on 2016-06-30 would be worth $6,069.74 today with dividends reinvested (DRIP), a total return of 507%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $5,223.87 (422.4% return). Reinvesting dividends added $845.87 in extra value.
Starting share price: $11.1 — Current share price: $50.75
Frequently Asked Questions
- What is FAST's current dividend yield?
- FAST (Fastenal Company) currently has a dividend yield of 2.04%. This means for every $10,000 invested, you would receive approximately $204 per year in dividend income before taxes.
- How much FAST do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from FAST at its current yield of 2.04%, you would need approximately $588,235 invested. With dividend reinvestment and growth, you may need less over time.
- Does FAST pay monthly dividends?
- No, FAST pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is FAST's dividend safe?
- FAST's payout ratio is 78.6%, which is moderate. While the dividend is currently sustainable, there's less room for earnings fluctuations compared to lower payout ratios.
- What is FAST's dividend growth rate?
- FAST's 5-year dividend compound annual growth rate (CAGR) is approximately 9.3% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in FAST 10 years ago be worth today?
- A $1,000 investment in FAST on 2016-06-30 would be worth approximately $6,069.74 today with dividends reinvested (DRIP), a 507% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $5,223.87 — meaning DRIP added $845.87 in extra value.
See full dividend history and analysis on the FAST dividend page.