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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fastenal CoFAST +0.08%88 3-Year Dividend Growth Rate is 12.20% as of Jun. 2026, which is 24% below its 10-year median of 16.00. GuruFocus rates FAST with a GF Score™ of 88/100 and a GF Value™ of $46.01 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 77 Industrial Distribution companies, Fastenal Co ranks better than 67.53% on this metric.
The historical rank and industry rank for Fastenal Co's 3-Year Dividend Growth Rate or its related term are showing as below:
FAST'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0 Med: 16 Max: 135.1
Current: 12.2
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fastenal Co was 135.10% per year. The lowest was 0.00% per year. And the median was 16.00% per year.
FAST's 3-Year Dividend Growth Rate is ranked better than 67.53% of 77
companies
in the Industrial Distribution industry
Industry Median: 9.2
vs FAST: 12.20
During the past 12 months, Fastenal Co's average Dividends Per Share Growth Rate was 11.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fastenal Co is 0.78, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of Fastenal Co was 0.80. The lowest was 0.59. And the median was 0.68.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fastenal Co is 0.78, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Fastenal Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.260000
2026-07-28
2026-07-28
2026-08-25
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.240000
2026-04-28
2026-04-28
2026-05-26
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.240000
2026-01-29
2026-01-29
2026-02-26
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.220000
2025-10-28
2025-10-28
2025-11-25
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Fastenal Co's Dividend Yield (%) for Today is calculated as
Current Share Price is $51.275.
Fastenal Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.
During the past 13 years, the highest Dividend Yield of Fastenal Co was 3.08%. The lowest was 1.64%. And the median was 2.26%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fastenal Co 3-Year Dividend Growth Rate Related Terms>
FAST vs FERG, GWW, WCC: 3-Year Dividend Growth Rate Comparison
For the Industrial Distribution subindustry, Fastenal Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fastenal Co 3-Year Dividend Growth Rate vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Fastenal Co's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Fastenal Co's 3-Year Dividend Growth Rate falls into.
Fastenal Co 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 12.20% mean?
Fastenal Co (FAST) has a 3-Year Dividend Growth Rate of 12.20% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Fastenal Co and its competitors. This is 24% below median its historical median of 16.00. According to the industry distribution chart, Fastenal Co ranks #25 out of 77 companies in the Industrial Distribution industry, placing it in the top 32.5%.
Is Fastenal Co's 3-Year Dividend Growth Rate too high?
Fastenal Co's current 3-Year Dividend Growth Rate of 12.20% is 24% below median its 10-year median of 16.00. The Industrial Distribution industry median 3-Year Dividend Growth Rate is 9.20. Fastenal Co's value of 12.20% is 32.6% above this industry median. Based on the distribution chart, Fastenal Co ranks #25 out of 77 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Fastenal Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's 3-Year Dividend Growth Rate compare to FERG and GWW?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #25 out of 77 companies for 3-Year Dividend Growth Rate. This puts Fastenal Co in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 9.20. Fastenal Co's value of 12.20% is 32.6% above this benchmark. While the company's 10-year median is 16.00 vs. the industry median of 9.20, Fastenal Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Industrial Distribution company?
The median 3-Year Dividend Growth Rate among Industrial Distribution companies is 9.20, based on 77 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current 3-Year Dividend Growth Rate of 12.20% is 32.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Fastenal Co and its competitors. For the Industrial Distribution industry, the median 3-Year Dividend Growth Rate is 9.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current 3-Year Dividend Growth Rate is 12.20%, which is 24% below median its own 10-year median of 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastenal Co stock overvalued right now?
Based on GuruFocus' analysis, Fastenal Co (FAST) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.01, compared to a current price of $51.28 — trading 11.4% above its estimated fair value. The current 3-Year Dividend Growth Rate is 12.20%, which is 24% below median its 10-year median of 16.00 and 32.6% above the Industrial Distribution industry median of 9.20. Fastenal Co's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Fastenal Co (FAST), the current 3-Year Dividend Growth Rate is 12.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fastenal Co (FAST) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of $51.28 is trading 11.4% above its estimated GF Value™ of $46.01.
GuruFocus considers Fastenal Co to be Modestly Overvalued.
Key valuation signals for FAST:
3-Year Dividend Growth Rate: 12.20% (24% below median its 10-year median of 16.00)
GF Value™: $46.01 vs. price of $51.28 (11.4% above fair value)
Industry Position: 32.6% above the Industrial Distribution median (#25 of 77)
No single metric tells the full story. See the FAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.
88GF Score
Get the complete analysis for FAST
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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