Fastenal Company Announces Cash Dividend
Fastenal (FAST) has declared a quarterly cash dividend of $0.43 per share, payable on February 28, 2025, to shareholders of record as of January 31, 2025. This represents a 10.3% increase from the previous quarterly dividend of $0.39. The company has maintained a consistent dividend payment history, starting with annual dividends in 1991, moving to semi-annual in 2003, and quarterly since 2011.
Over the past decade, Fastenal has paid total dividends of $5,971.2 million, with regular dividends per share increasing from $0.60 in 2016 to $1.56 in 2024. The company has also issued special one-time dividends in 2008, 2012, 2020, and 2023. Currently, Fastenal maintains authority to purchase up to 6,200,000 additional shares under its July 2022 authorization with no expiration date.
Fastenal (FAST) ha dichiarato un dividendo in contante trimestrale di $0,43 per azione, che sarà pagato il 28 febbraio 2025, agli azionisti registrati al 31 gennaio 2025. Questo rappresenta un aumento del 10,3% rispetto al dividendo trimestrale precedente di $0,39. L'azienda ha mantenuto una storia di pagamento dei dividendi costante, iniziando con dividendi annuali nel 1991, passando a pagamenti semestrali nel 2003 e a quelli trimestrali dal 2011.
Negli ultimi dieci anni, Fastenal ha pagato dividendi totali per $5.971,2 milioni, con dividendi regolari per azione che sono aumentati da $0,60 nel 2016 a $1,56 nel 2024. L'azienda ha anche emesso dividendi speciali una tantum nel 2008, 2012, 2020 e 2023. Attualmente, Fastenal ha l'autorità per acquistare fino a 6.200.000 azioni aggiuntive in base all'autorizzazione di luglio 2022, senza data di scadenza.
Fastenal (FAST) ha declarado un dividendo en efectivo trimestral de $0.43 por acción, que se pagará el 28 de febrero de 2025, a los accionistas registrados hasta el 31 de enero de 2025. Esto representa un incremento del 10.3% respecto al dividendo trimestral anterior de $0.39. La empresa ha mantenido una historia de pagos de dividendos consistente, comenzando con dividendos anuales en 1991, pasando a semestrales en 2003, y trimestrales desde 2011.
En la última década, Fastenal ha pagado dividendos totales de $5,971.2 millones, con dividendos regulares por acción que han aumentado de $0.60 en 2016 a $1.56 en 2024. La empresa también ha emitido dividendos especiales únicos en 2008, 2012, 2020 y 2023. Actualmente, Fastenal mantiene la autoridad para comprar hasta 6,200,000 acciones adicionales bajo su autorización de julio de 2022, sin fecha de vencimiento.
Fastenal (FAST)는 주당 $0.43의 분기 현금 배당금을 선언했으며, 2025년 2월 28일에 2025년 1월 31일 기준 주주에게 지급됩니다. 이는 이전 분기 배당금인 $0.39에서 10.3% 증가한 것입니다. 이 회사는 1991년부터 연간 배당금 지급 이력을 시작으로 2003년부터 반기 배당금으로, 2011년부터 분기 배당금 지급을 유지해왔습니다.
지난 10년 동안 Fastenal은 총 $5,971.2 백만 달러의 배당금을 지급했으며, 주당 정기 배당금은 2016년의 $0.60에서 2024년에는 $1.56로 증가했습니다. 이 회사는 2008년, 2012년, 2020년 및 2023년에 특별 일회성 배당금도 지급했습니다. 현재 Fastenal은 2022년 7월에 승인된 바에 따라 추가로 6,200,000주를 구매할 수 있는 권한을 보유하고 있으며, 만료일은 없습니다.
Fastenal (FAST) a déclaré un dividende en espèces trimestriel de 0,43 $ par action, payable le 28 février 2025, aux actionnaires inscrits au 31 janvier 2025. Cela représente une augmentation de 10,3 % par rapport au dividende trimestriel précédent de 0,39 $. L'entreprise a maintenu une histoire de paiements de dividendes cohérente, commençant par des dividendes annuels en 1991, passant aux paiements semestriels en 2003, et trimestriels depuis 2011.
Au cours de la dernière décennie, Fastenal a payé des dividendes totaux de 5,971.2 millions de dollars, avec des dividendes réguliers par action augmentant de 0,60 $ en 2016 à 1,56 $ en 2024. L'entreprise a également émis des dividendes spéciaux uniques en 2008, 2012, 2020 et 2023. Actuellement, Fastenal a l'autorisation d'acheter jusqu'à 6 200 000 actions supplémentaires dans le cadre de son autorisation de juillet 2022, sans date d'expiration.
Fastenal (FAST) hat eine vierteljährliche Bar-Dividende von 0,43 $ pro Aktie erklärt, die am 28. Februar 2025 an die zum 31. Januar 2025 registrierten Aktionäre ausgezahlt wird. Dies stellt eine Erhöhung von 10,3 % im Vergleich zur vorherigen vierteljährlichen Dividende von 0,39 $ dar. Das Unternehmen hat eine konsistente Dividendenzahlungshistorie beibehalten, beginnend mit jährlichen Dividenden im Jahr 1991, wechselte 2003 zu halbjährlichen Dividenden und zahlt seit 2011 vierteljährliche Dividenden.
In den letzten zehn Jahren hat Fastenal insgesamt 5,971.2 Millionen Dollar an Dividenden gezahlt, wobei die regulären Dividenden pro Aktie von 0,60 $ im Jahr 2016 auf 1,56 $ im Jahr 2024 gestiegen sind. Das Unternehmen hat auch in den Jahren 2008, 2012, 2020 und 2023 einmalige Sonderdividenden ausgegeben. Derzeit hat Fastenal die Erlaubnis, bis zu 6.200.000 zusätzliche Aktien im Rahmen seiner Genehmigung von Juli 2022 zu erwerben, ohne Ablaufdatum.
- Quarterly dividend increased by 10.3% to $0.43 per share
- Consistent dividend payment history spanning over 30 years
- Total dividend payments of $5,971.2 million over past decade
- Regular dividend per share has more than doubled from $0.60 (2016) to $1.56 (2024)
- No share repurchases conducted in Q4 2024
We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, we have previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends, though all future determination as to payment of dividends will depend upon the financial condition and results of operations of Fastenal and such other factors as are deemed relevant by the board of directors at that time.
In 2025, 2024, and 2023, we paid (or declared) dividends as follows:
Year |
|
First Quarter |
|
Second Quarter |
|
Third Quarter |
|
Fourth Quarter |
|
Sub-Total (Regular) |
Fourth Quarter (Special) |
|
Total |
|||||||
2025 |
|
$ |
0.43 |
|
|
|
|
|
|
|
|
|
|
|
||||||
2024 |
|
$ |
0.39 |
|
$ |
0.39 |
|
$ |
0.39 |
|
$ |
0.39 |
|
$ |
1.56 |
$ |
0.00 |
|
$ |
1.56 |
2023 |
|
$ |
0.35 |
|
$ |
0.35 |
|
$ |
0.35 |
|
$ |
0.35 |
|
$ |
1.40 |
$ |
0.38 |
|
$ |
1.78 |
Dividend and common stock purchase activity during the last ten years:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Per |
||||||||||||
|
|
Total |
Dividends per Share |
Total Value of |
Total Number |
Share Price of |
|||||||||||||||||||||
|
Dividend |
Dividends |
Regular |
|
Special |
|
Total |
|
Common Stock |
of Shares |
Common Stock |
||||||||||||||||
Year |
Payments |
Paid |
Dividend |
|
Dividend |
|
Dividend |
|
Purchased |
Purchased |
Purchased |
||||||||||||||||
2025 |
One (1) |
|
$ |
246.5 |
|
|
$ |
0.43 |
|
|
$ |
— |
|
$ |
0.43 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
2024 |
Four |
|
$ |
893.3 |
|
|
$ |
1.56 |
|
|
$ |
— |
|
$ |
1.56 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
2023 |
Five (2) |
|
$ |
1,016.8 |
|
|
$ |
1.40 |
|
|
$ |
0.38 |
|
$ |
1.78 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
2022 |
Four |
|
$ |
711.3 |
|
|
$ |
1.24 |
|
|
$ |
— |
|
$ |
1.24 |
|
|
$ |
237.8 |
|
|
5,000,000 |
|
|
$ |
47.58 |
|
2021 |
Four |
|
$ |
643.7 |
|
|
$ |
1.12 |
|
|
$ |
— |
|
$ |
1.12 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
2020 |
Five (2) |
|
$ |
803.4 |
|
|
$ |
1.00 |
|
|
$ |
0.40 |
|
$ |
1.40 |
|
|
$ |
52.0 |
|
|
1,600,000 |
|
|
$ |
32.54 |
|
2019 |
Four |
|
$ |
498.6 |
|
|
$ |
0.87 |
|
|
$ |
— |
|
$ |
0.87 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
2018 |
Four |
|
$ |
441.9 |
|
|
$ |
0.77 |
|
|
$ |
— |
|
$ |
0.77 |
|
|
$ |
103.0 |
|
|
4,000,000 |
|
|
$ |
25.75 |
|
2017 |
Four |
|
$ |
369.1 |
|
|
$ |
0.64 |
|
|
$ |
— |
|
$ |
0.64 |
|
|
$ |
82.6 |
|
|
3,800,000 |
|
|
$ |
21.72 |
|
2016 |
Four |
|
$ |
346.6 |
|
|
$ |
0.60 |
|
|
$ |
— |
|
$ |
0.60 |
|
|
$ |
59.5 |
|
|
3,200,000 |
|
|
$ |
18.58 |
|
Ten Year Total |
|
|
$ |
5,971.2 |
|
|
$ |
9.63 |
|
|
$ |
0.78 |
|
$ |
10.41 |
|
|
$ |
534.9 |
|
|
17,600,000 |
|
|
$ |
30.39 |
|
(1) |
The Total Dividends Paid amount includes the estimated impact from this announcement. The estimate is calculated using the 573.3 million shares outstanding at December 31, 2024. |
|
(2) |
There was a supplemental dividend paid in December 2020 and December 2023. |
In the fourth quarter of 2024, we did not repurchase any of our common stock.
We have authority to purchase up to 6,200,000 additional shares of our common stock under the July 12, 2022 authorization. This authorization does not have an expiration date.
All share and per share information reflects the two-for-one stock split in 2019.
About Fastenal
Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through more than 3,600 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI® (Fastenal Managed Inventory) and digital solutions, we help our business partners achieve product and process savings across the supply chain – a "high-touch, high-tech" approach encapsulated by our tagline, Where Industry Meets Innovation™. Our local service teams are supported by 17 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling us to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.
Additional information regarding Fastenal is available on our website at www.fastenal.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that are not historical in nature and that are intended to be, and are hereby identified as, "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including a statement regarding expectations as to payment of a quarterly cash dividend in the foreseeable future. Any future determination as to payment of dividends will depend upon the financial condition and results of operations of Fastenal and such other factors as are deemed relevant by the board of directors. For example, a change in business needs including working capital and funding for acquisitions, or a change in income tax law relating to dividends or stock repurchases, could cause us to decide not to pay a dividend in the future or not to repurchase common stock pursuant to the existing share repurchase authorization. A discussion of other risks and uncertainties is included in our filings with the Securities and Exchange Commission, including our most recent annual report and subsequent quarterly reports. FAST-D
View source version on businesswire.com: https://www.businesswire.com/news/home/20250116417890/en/
Taylor Ranta Oborski
Accounting Manager
507.313.7959
Source: Fastenal Company
FAQ
What is Fastenal's new quarterly dividend amount for 2025?
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How much has Fastenal's dividend increased from 2024 to 2025?
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What was Fastenal's total dividend payout in 2023?
