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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Fastenal Company (FAST) pays a $0.96 annual dividend ($0.26 quarterly), yielding 2.06% at $50.58/share. Next ex-dividend date 2026-10-28. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.06%
Annual Dividend: $0.96 per share
Payout Ratio: 78.6%
Ex-Dividend Date: 2026-10-28
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 36
Fastenal Company dividend investors are looking at a wholesale industrial supplier with 3,209 in-market facilities serving manufacturers, contractors, and government bodies across North America. FAST pays a quarterly dividend of $0.26 per share, with a trailing annual rate of $0.96 per share and an ex-dividend date of July 28, 2026. The current yield sits at 1.96%. With a beta of 0.713, FAST stock moves less than the broader market, which suits investors who prioritize dividend growth over immediate income.
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 original equipment manufacturers, maintenance and repair operations, and non-residential construction contractors who depend on fasteners and industrial hardware as operational necessities. 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 before the dividend comes under strain.
Fastenal Company dividend history shows a CAGR of 15.3% per year from 2009 to 2025. Per-share payments grew from $0.09 to $0.875 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 90.8% in 2012, though the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +12.2% | $0.62 (2022) | $0.88 (2025) |
| 5-Year | +4.6% | $0.70 (2020) | $0.88 (2025) |
| 10-Year | +12.1% | $0.28 (2015) | $0.88 (2025) |
FAST stock fits growth-and-income investors who want dividend expansion from an industrial distributor rather than a high starting yield. The current yield of 1.96%, classified as low (below 2%), sits above the 5-year average of 1.52%, meaning today's entry point offers more income than the historical norm. The trade-off is a payout ratio of 78.1%, which leaves less financial cushion than lower-payout dividend payers. What an investor gets here is a long dividend history spanning 36 years and a 15.3% annual growth rate over the 2009-2025 window. What they accept is a yield that remains modest in absolute terms and a payout ratio that limits flexibility.
| 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 | $0.2200 |
| 2025-01-31 | $0.2150 |
| 2024-10-25 | $0.1950 |
| 2024-07-26 | $0.1950 |
| 2024-04-24 | $0.1950 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.7400 |
| 2025 | $0.8750 |
| 2024 | $0.7800 |
| 2023 | $0.8900 |
| 2022 | $0.6200 |
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