Fastenal Company
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Track Fastenal Company in real time with a live news feed covering Fastenal Company stock news, official press releases, company announcements, and an archive of historical Fastenal Company news. ...more
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4:05 PM | Tuesday | Oct 13, 2026
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WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on November 25, 2026 to shareholders of record at the close of business on October 28, 2026. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011.
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WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on November 25, 2026 to shareholders of record at the close of business on October 28, 2026. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011.
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FAST heads into Q3 earnings with sales growth expectations of 16.6%, driven by industrial demand, customer wins and digital initiatives, while cost pressures remain.
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FAST heads into Q3 earnings with sales growth expectations of 16.6%, driven by industrial demand, customer wins and digital initiatives, while cost pressures remain.
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I track an investable universe of 50 high-quality dividend growth stocks to identify attractive entry points based on valuation and future return potential. Applied Materials, D.R. Horton, and Home Depot saw notable ranking improvements due to upgraded EPS growth estimates and/or favorable valuation shifts. 44 out of 50 stocks currently offer a forward return estimate of at least 10%, with 32 appearing potentially undervalued based on free cash flow mean reversion.
Several major banks will report third-quarter earnings. The most interesting reports, however, may be from a couple of industrial companies and an insurer.
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Fastenal will release its Q3 on October 14. Ahead of the print, shares have performed strongly, with YTD gains of nearly 30% and a rise of 6% over the past year. At 40x forward earnings, shares appear to be trading at a rich premium, in my view.
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Garbage trucks, uniform vans, elevator inspectors, and factory supply bins rarely attract investor attention, which is exactly why their long-term compounding records tend to surprise people who finally look closely.
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Fastenal Company (NASDAQ:FAST) will release earnings for its third quarter before the opening bell on Wednesday, Oct. 14.
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Fastenal's simple business model has created enormous shareholder wealth. Dividends added even more to Fastenal's long-term returns.
Read full articleBoth industrial distributors have rewarded shareholders for years, but one carries a payout ratio that leaves little cushion while the other sits below analyst targets with a cleaner growth story waiting to play out.
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Some distributors are so deeply wired into their customers' factories and procurement systems that a cheaper rival barely registers as a threat.
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Envestnet Asset Management Inc. raised its stake in Fastenal Company (NASDAQ: FAST) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,347,343 shares of the company's stock after acquiring an additional 50,335 shares during the period. Envestnet Asset
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