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Stocks•26 April 2026•

1 min read

Fastenal Declares $0.24 Quarterly Dividend, Extending 26-Year Growth Streak

Key Facts

1Fastenal Company declared a quarterly dividend of $0.24 per share, resulting in an annualized dividend yield of 2.1%.

2The company has increased its dividend for 26 consecutive years and maintains a current payout ratio of 80%.

3The company reported quarterly EPS of $0.30 and revenue of $2.20 billion, meeting analyst estimates.

Fastenal Company has officially declared a quarterly cash dividend of $0.24 per share, bringing its annualized dividend yield to 2.1%. This announcement marks the 26th consecutive year of dividend increases, highlighting the firm's consistent commitment to shareholder returns. The company currently maintains a payout ratio of 80%, reflecting a disciplined approach to capital allocation. In its latest financial report, Fastenal posted quarterly earnings per share (EPS) of $0.30 on revenue of $2.20 billion. These figures aligned precisely with consensus analyst estimates for the period. Overall, the dividend declaration and earnings performance underscore Fastenal's steady position within the industrial sector.