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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Fastenal Company (FAST) pays a $0.92 annual dividend ($0.24 quarterly), yielding 1.89% at $48.60/share. Next ex-dividend date 2026-04-28. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.89%
Annual Dividend: $0.92 per share
Payout Ratio: 79.5%
Ex-Dividend Date: 2026-04-28
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 36
Fastenal Company dividend income comes from one of North America's largest wholesale distributors of fasteners and industrial supplies, serving manufacturers, contractors, and maintenance operations across more than 3,200 in-market facilities. FAST currently pays $0.92 per share on a trailing annual basis, with the next ex-dividend date on April 28, 2026. Dividends are paid quarterly, with the most recent payment at $0.24 per share. A beta of 0.713 means FAST stock moves less than the broader market, which suits dividend investors who prioritize lower volatility over maximum yield.
Fastenal Company pays out 79.5% of earnings as dividends, a payout ratio classified as high (above 75%). That level is supported by a broad, recurring customer base spanning original equipment manufacturers, maintenance and repair operations, and non-residential construction contractors who depend on fasteners and hardware as everyday inputs. Fastenal Company dividend safety faces its clearest pressure from that same payout ratio: at nearly 80 cents of every earned dollar going to dividends, there is limited room to absorb an earnings decline without straining the payment.
Fastenal Company dividend history shows a CAGR of 5.0% per year from 2005 to 2024. Per-share payments grew from $0.62 to $1.56 over that period (2026 data is partial and excluded from the CAGR calculation). The largest annual increase in the window was 79.5% in 2008, which skews the long-run average upward and is not representative of typical year-to-year movement.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +1.8% | $1.24 (2022) | $1.31 (2025) |
| 5-Year | -1.3% | $1.40 (2020) | $1.31 (2025) |
| 10-Year | +1.6% | $1.12 (2015) | $1.31 (2025) |
FAST fits dividend investors who want lower-volatility industrial exposure and can accept a modest income yield. The current yield of 1.89% is low (below 2%), and it sits well below the 5-year average yield of 2.88%, meaning the stock is delivering less income relative to price than it has historically. The 5.0% long-run dividend CAGR shows growth has been real but not fast. What an investor gets here is a broadly diversified industrial distributor with a long dividend history; what they give up is a competitive current yield and headroom in the payout ratio.
| Payment Date | Amount per Share |
|---|---|
| 2026-04-28 | $0.2400 |
| 2026-01-29 | $0.2400 |
| 2025-10-28 | $0.2200 |
| 2025-07-29 | $0.2200 |
| 2025-04-25 | $0.4400 |
| 2025-01-31 | $0.4300 |
| 2024-10-25 | $0.3900 |
| 2024-07-26 | $0.3900 |
| 2024-04-24 | $0.3900 |
| 2024-01-31 | $0.3900 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.4800 |
| 2025 | $1.3100 |
| 2024 | $1.5600 |
| 2023 | $1.7800 |
| 2022 | $1.2400 |
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