Last update: May 9, 2026 at 09:32
Dividend Safety Rating
FAST's dividend appears safe and well-supported. Strengths include a 267.9x interest coverage & 3.3% net debt / total assets. Areas of concern: 88.8% fcf payout ratio & 79.6% cfo payout ratio. As a Dividend Aristocrat with 25+ consecutive years of increases, FAST has a proven commitment to shareholders.
Based on 15 of 15 metrics
Strengths
- Interest Coverage: 267.9xEarnings cover interest payments many times over.
- Net Debt / Total Assets: 3.3%Healthy balance sheet with low net debt.
- Current Ratio: 4.4xStrong short-term liquidity to meet obligations.
Risks
- 5-Year Dividend CAGR: -1.3%Dividend growth has been weak or negative.
- FCF Payout Ratio: 88.8%Free cash flow is tight relative to the dividend.
- CFO Payout Ratio: 79.6%Operating cash flow leaves little room for the payout.
Payout & Coverage
CautionBalance Sheet
Very SafeProfitability
Very SafeDividend Track Record
SafeAbout Fastenal Company
Fastenal Company is a leading wholesale distributor of industrial and construction supplies, specializing in fasteners and related products. It offers a broad assortment including threaded fasteners like bolts, nuts, screws, and studs, as well as safety supplies, cutting tools, janitorial products, hardware, and miscellaneous items such as pins, concrete anchors, and metal framing systems. Fastenal Company serves diverse sectors including manufacturing for original equipment manufacturers and maintenance, repair, and operations; non-residential construction; heavy industry; automotive; aerospace; healthcare; warehousing; data centers; and government entities. The company operates an extensive network of over 3,500 branch locations across the United States, Canada, Mexico, Europe, Asia, and the Middle East, supplemented by specialty distribution centers and on-site solutions like vending machines and digital inventory management tools. These services optimize supply chain efficiency for industrial customers. Founded in 1967 and headquartered in Winona, Minnesota, Fastenal Company plays a key role in the industrial distribution sector by providing comprehensive supply chain solutions.
Dividend Overview
Dividend Yield
2.08%
Annual Dividend
$0.92
Frequency
Quarterly
Payout Ratio
79.65%
FCF Payout Ratio
88.80%
Stock Price
$44.17
52-Week Range
$38.97 – $50.63
Dividend History (2016–2025)
FAST annual dividend per share and yield history
Earnings & Profitability
FAST earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
April 28, 2026
Next Payment Date
May 26, 2026
Dividend Growth
3-Year Dividend CAGR
1.85%
5-Year Dividend CAGR
-1.32%
10-Year Dividend CAGR
8.87%
3-Year Total Growth
5.65%
5-Year Total Growth
-6.43%
10-Year Total Growth
133.93%
Dividend Aristocrat (25+ yrs)
This company has increased its dividend for 25+ consecutive years.
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Frequently Asked Questions
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How is FAST's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.