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Fastenal Co (WBO:FAST) Dividend Payout Ratio : 0.83 (As of Mar. 2025)


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What is Fastenal Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Fastenal Co's Dividend Payout Ratio for the months ended in Mar. 2025 was 0.83.

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 0.80, which seems too high.

The historical rank and industry rank for Fastenal Co's Dividend Payout Ratio or its related term are showing as below:

WBO:FAST' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.66   Max: 0.8
Current: 0.8


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 0.66.

WBO:FAST's Dividend Payout Ratio is ranked worse than
86.81% of 91 companies
in the Industrial Distribution industry
Industry Median: 0.4 vs WBO:FAST: 0.80

As of today (2025-06-29), the Dividend Yield % of Fastenal Co is 2.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Fastenal Co was 3.08%. The lowest was 1.70%. And the median was 2.34%.

Fastenal Co's Dividends per Share for the months ended in Mar. 2025 was €0.20.

During the past 12 months, Fastenal Co's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.50% per year.

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 21.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Fastenal Co Dividend Payout Ratio Historical Data

The historical data trend for Fastenal Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Fastenal Co Dividend Payout Ratio Chart

Fastenal Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.70 0.66 0.69 0.78

Fastenal Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.76 0.75 0.85 0.83

Competitive Comparison of Fastenal Co's Dividend Payout Ratio

For the Industrial Distribution subindustry, Fastenal Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Dividend Payout Ratio falls into.


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Fastenal Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Fastenal Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=0.745/ 0.955
=0.78

Fastenal Co's Dividend Payout Ratio for the quarter that ended in Mar. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2025 )/ EPS without NRI (Q: Mar. 2025 )
=0.199/ 0.24
=0.83

* 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 (WBO:FAST) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Fastenal Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Fastenal Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fastenal Co Business Description

Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
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.