Fastenal Co's Dividends per Share for the
three
months ended in Dec. 2023 was $0.35.
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: 8.6 Med: 23.1 Max: 135.1
Current: 11.9
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 8.60% per year. And the median was 23.10% per year.
FAST's 3-Year Dividend Growth Rate is ranked better than 53.73% of 67
companies
in the Industrial Distribution industry
Industry Median: 11.5
vs FAST: 11.90
During the past 12 months, Fastenal Co's average Dividends Per Share Growth Rate was 12.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.90% 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.
For more information regarding to dividend, please check our Dividend Page.
Competitive 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 Distribution
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.
Fastenal Co (NAS:FAST) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Fastenal Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Fastenal Co was 0.70. The lowest was 0.59. And the median was 0.65.
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 0.390
2024-01-31
2024-02-01
2024-02-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.350
2023-10-25
2023-10-26
2023-11-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.350
2023-07-26
2023-07-27
2023-08-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.350
2023-04-26
2023-04-27
2023-05-25
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 $69.38.
Fastenal Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.44.
During the past 13 years, the highest Dividend Yield of Fastenal Co was 3.08%. The lowest was 1.28%. And the median was 2.34%.
* 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>
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.
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