Fastenal Co Dividend yield




   USD/share 
 Price  57.58
 Dividend  1.40
 Earnings  1.92
 Cash-flow  1.65
 Book value  5.54
 Equity  5.42

Fastenal Co is part of Support Services business, which is part of Industrials industry. Fastenal Co is a company from USA, and his stocks are publicly traded.

Fastenal Co stock dividend

Fastenal Co paid a total dividend of 799 million USD last year, for a market value of 32,878 millions (Market Cap 32,819 millions). Fastenal Co dividend per share is 1.40 USD, and his stock market price 57.58 USD.

According to the chart below, where dividend yield is displayed, Fastenal Co has a dividend yield of 2.43%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Fastenal Co stocks dividend with other Support Services companies or other of the best USA dividend stocks list.

Dividend yield of Fastenal Co

Fastenal Co Dividend Payout

About the ability of Fastenal Co to maintain his current dividend of USD 1.40 per share, an amount that accounts for 2.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fastenal Co payout on ernings is currently 72.92%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Fastenal Co can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Fastenal Co is USD 1.65 per share, which is higher than the dividend per share paid by the company of USD 1.40, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Fastenal Co, compared againt world market average, USA companies, Industrials industry and Support Services sector companies.

Fastenal Co payout

Fastenal Co Dividend History

Below you will find a table with the historical evolution of Fastenal Co's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 
Present2.43%1.4072.92%571
20222.62%1.2476.07%576
20211.75%1.1274.17%575
20202.05%1.0071.94%573
20192.38%0.8867.69%572
20183.06%1.6082.47%288
20172.34%1.2873.99%289
20162.53%1.2067.42%290
20152.76%1.1265.50%290

*In millions

Then you can see the evolution of Fastenal Co dividend stock, and compare it with the average of USA stocks and that of the Support Services stocks.

Fastenal Co stock dividend history

Fastenal Co Stock performance

Finally, last moth Fastenal Co showed a return of -1.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 14.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Support Services firms.

Fastenal Co stock and market return