Fastenal Company

FAST
IndustrialsDividend Aristocrat
$51.26
1.39%Overvalued

Fastenal Company (FAST) is a Industrials company that currently yields 1.39% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $21.04 and the overvaluation threshold at $41.30. Fastenal Company holds a quality score of 45/100 (Average), reflecting 25 consecutive years of dividend growth with a 79% payout ratio. The 5-year dividend CAGR stands at 18.2%.

FAST Dividend Yield History — Weiss Valuation

Underval. $21.04Overval. $41.30

Distance to undervalued

Entry price is stretched

Needs 59.0% downside to reach the Weiss buy zone

Undervaluation starts near $21.04, where the annual dividend would imply roughly 3.40% yield. That is 2.00% above today's yield.

Buy-zone price

$21.04

Target yield

3.40%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

25Y

Long dividend history supports a deeper look.

Earnings payout

79%

Coverage deserves a closer look in filings.

Cash payout

120%

Confirm cash conversion and one-off effects.

Dividend growth

18.2%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Fastenal Company is trading near its historical overvaluation band.

Current yield 1.4% vs historical max 3.5% (40% of maximum).

10 consecutive years without a dividend cut.

Elevated payout ratio of 79%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 45/100 quality score says the headline yield needs extra skepticism.

Free cash flow payout is above 100%, so cash coverage is the first risk to unpack.

FAST Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$165

Year 10 Income

$1,013

Yield on Cost

10.89%

Total Income

$4,661

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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FAST Dividend Quality Score

Quality Score

45/ 100

Average

Payout Ratio5/25
Dividend Streak20/25
Growth (CAGR 5Y)20/20
Yield vs History0/15
FCF Coverage0/15

Key Metrics

Current Price$51.26
Annual Dividend$0.71
Current Yield1.39%
Yield — Max (10Y)3.46%
Yield — Min (10Y)1.77%
Undervalued Below$21.04
Overvalued Above$41.30
Payout Ratio78.63%
CAGR Dividend 5Y18.2%
CAGR Dividend 10Y16.1%
Years No Cut10y

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25
consecutive years of dividend growth