Fastenal Company (NASDAQ:FAST) Shareholders to Receive $0.26 Quarterly Dividend

Fastenal Company (NASDAQ:FAST) declared a quarterly dividend on Tuesday, October 13th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.26 per share on Wednesday, November 25th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, October 28th.

Fastenal has a payout ratio of 86.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research analysts expect Fastenal to earn $1.39 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 74.8%.

Fastenal Stock Performance

Fastenal stock opened at $51.43 on Wednesday. The firm has a market capitalization of $59.02 billion, a P/E ratio of 43.59, a PEG ratio of 3.20 and a beta of 0.69. Fastenal has a 52 week low of $38.97 and a 52 week high of $52.92. The company has a current ratio of 4.18, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $50.33 and a 200 day moving average price of $47.41.

Fastenal (NASDAQ:FAST) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $0.33 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.33. Fastenal had a return on equity of 34.03% and a net margin of 15.45%. The firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the business earned $0.29 earnings per share. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. Equities research analysts anticipate that Fastenal will post 1.26 earnings per share for the current year.

Key Stories Impacting Fastenal

Here are the key news stories impacting Fastenal this week:

• Positive Sentiment: Strong third-quarter performance: Fastenal reported higher third-quarter profit, strong daily sales growth, operating-expense leverage, and continued expansion with larger customers. Growth was supported by its Onsite, digital, and supply-chain solutions. Fastenal Company Reports 2026 Third Quarter Earnings
• Positive Sentiment: Analyst price-target increase: Jefferies raised its target for FAST from $52 to $60, signaling increased confidence in the company’s earnings outlook and growth initiatives. Jefferies raises Fastenal stock target
• Positive Sentiment: Quarterly dividend declared: The board approved a $0.26-per-share dividend payable November 25 to shareholders of record October 28. The payout implies $1.04 in annual dividends and a yield of roughly 2%, providing ongoing shareholder support. Fastenal announces cash dividend and share repurchase activity
• Neutral Sentiment: Expectations were elevated: Ahead of the release, analysts anticipated approximately 16.6% sales growth, driven by industrial demand, customer wins, and digital initiatives. The earnings reaction therefore depends on the magnitude of any revenue or profit beat rather than growth alone. Fastenal Q3 earnings preview
• Negative Sentiment: Valuation and cost risks remain: Fastenal trades near its 52-week high at a premium earnings multiple, leaving less room for disappointment. Analysts also flagged continuing cost pressures, which could limit margin expansion despite solid sales momentum.

About Fastenal

Fastenal Company is a distributor of industrial and construction supplies serving businesses, contractors, manufacturers and other organizations. Its product offerings include fasteners such as bolts, nuts and screws, as well as safety equipment, tools, cutting tools, material-handling products, electrical and plumbing supplies, and maintenance and repair items.

The company sells products through a network of branch locations, onsite customer facilities, industrial vending machines and digital platforms.