FAST Fastenal Company

Industrials · Industrial Distribution

3 · Weak Momentum 9.0 · Strong Watch 14y streak

51.34

-1.69%

About the company

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Website

1.87%

82.05%

0.96

58.9B

43.88

1.17

44.59

52-week range

51.3

low 39.0 high 52.9

Dividend deep dive

Fastenal Company, an Industrial Distribution firm within the Industrials sector, has a current dividend yield of 2.12%. This yield is considered fair by Yield Theory, positioning it between its 5-year high of 2.48% and low of 2.09%. The company boasts a 14-year dividend increase streak, earning it a 'Contender' status. However, its dividend safety status is currently marked as 'watch'.

Dividend history

Fastenal has a consistent track record of dividend growth, maintaining a 14-year streak of increases. The company distributes dividends quarterly, typically in January, April, July, October, and December. Over the past three years, the dividend compound annual growth rate (CAGR) was 12.38%, and over five years, it was 11.97%. Annual dividends per share have steadily grown, from $0.25 in 2014 to $0.78 in 2024, with a projected $0.88 for 2025, demonstrating sustained shareholder returns.