FAST Dividend Yield 2026: Fastenal Company

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Data last updated: Sep 01, 2026

Snapshot (as of Sep 01, 2026): Fastenal Company (FAST) pays a $0.96 annual dividend ($0.26 quarterly), yielding 1.98% at $48.60/share. Next ex-dividend date 2026-07-28. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.98%

Annual Dividend: $0.96 per share

Payout Ratio: 78.1%

Ex-Dividend Date: 2026-07-28

Dividend Frequency: quarterly

Sector: Industrials

Years of Dividend History: 36

About Fastenal Company Dividend

Fastenal Company dividend investors are looking at a wholesale distributor of fasteners, threaded bolts, nuts, and industrial hardware serving manufacturers, contractors, and OEM customers across North America and beyond. FAST pays a quarterly dividend of $0.26 per share, with the next ex-dividend date on July 28, 2026, putting the trailing annual rate at $0.96 per share. The current yield sits at 1.85%. With a beta of 0.712, FAST stock carries below-market price volatility, which suits income investors who prioritize steadiness over high current yield.

Dividend Safety

Fastenal Company pays out 78.1% of earnings as dividends, a payout ratio classified as high (above 75%). That level is supported by a broad, recurring customer base spanning manufacturing, construction, agriculture, and government sectors, all of which depend on the fasteners and industrial supplies FAST distributes through its 3,209 in-market facilities. Fastenal Company dividend safety faces its clearest pressure from that same payout ratio: at 78.1%, there is limited room to absorb an earnings decline without squeezing the dividend.

Fastenal Company (FAST) Dividend Growth Rate, CAGR, and History

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 window (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 79.5% in 2008, though the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

Fastenal Company Dividend Growth Rate (CAGR)

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)

Is Fastenal Company a Good Dividend Stock?

FAST fits dividend investors who want exposure to industrial distribution with below-average price swings rather than maximum current income. The yield is low (below 2%) at 1.85%, and that gap widens when measured against the stock's own 5-year average yield of 2.7%, meaning today's buyers are getting less income than the historical norm. The 5.0% long-term dividend CAGR offers some inflation offset, but growth is slow and the 78.1% payout ratio leaves little cushion. The trade-off is clear: lower yield and a stretched payout, in exchange for a broadly diversified industrial business with low price volatility.

Recent Fastenal Company Dividend Payments

Payment Date	Amount per Share
2026-07-28	$0.2600
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

Fastenal Company Annual Dividend History

Year	Total Dividends
2026	$0.7400
2025	$1.3100
2024	$1.5600
2023	$1.7800
2022	$1.2400

Related Industrials Dividend Stocks

• CAT — Caterpillar Inc. (0.79% yield)
• GE — GE Aerospace (0.50% yield)
• RTX — RTX Corporation (1.36% yield)
• RYCEY — Rolls-Royce Holdings plc (0.69% yield)
• DE — Deere & Company (1.03% yield)
• ETN — Eaton Corporation plc (1.11% yield)

Frequently Asked Questions

Does FAST pay dividends?

Yes, Fastenal Company (FAST) pays a $0.26 quarterly dividend per share, yielding 1.98%.

How often does Fastenal Company pay dividends?

Fastenal Company pays dividends quarterly. The last dividend was $0.26 per share, putting the current annual rate at $0.96 per share.

What is Fastenal Company's current dividend yield?

The current FAST dividend yield is 1.85%, which is below the stock's 5-year average yield of 2.7%. Income investors buying today are receiving less yield than the historical norm.

Has Fastenal Company ever cut its dividend?

The available history window contains at least one year-over-year decline exceeding 5%, so a cut does appear in the data. The consecutive years of dividend increases currently stands at 0.

How fast has Fastenal Company grown its dividend?

Fastenal Company has grown its dividend at a compound annual growth rate (CAGR) of 5.0% per year from 2005 to 2024. Per-share payments rose from $0.62 to $1.56 over that 19-year window.

Is Fastenal Company dividend safe?

The payout ratio is 78.1%, classified as high (above 75%), which limits the buffer against an earnings decline. The broad customer base across manufacturing, construction, and government sectors provides recurring demand, but the elevated payout ratio is the primary risk factor.

Why is Fastenal Company dividend yield low?

At 1.85%, the FAST dividend yield is low (below 2%) relative to its own 5-year average of 2.7%. The payout ratio is already high at 78.1%, which constrains the company's ability to raise the dividend faster than earnings grow.

How does Fastenal Company compare to its own historical yield?

The current yield of 1.85% is below the 5-year average of 2.7%. That gap means today's entry point delivers less income than investors have historically received from Fastenal Company stock.

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