Fastenal hikes dividend by 9.1%

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Fastenal (FAST) approved a higher quarterly dividend on January 16, 2026, lifting the payout by 9.1% to $0.24 per share.

The hike extends Fastenal’s dividend growth record to 27 consecutive years, preserving its standing as both a Dividend Aristocrat and a Dividend Hero. Over the past five years, the dividend has grown at a compound annual rate of 11.4%. Based on a share price of $43.65, the dividend translates into a yield of approximately 2.2%. The ex-dividend date is January 29, 2026.

Fastenal is a distributor of industrial and construction supplies, operating a large network of branch locations, on-site inventory solutions, and digital procurement services across North America and internationally. More information is available on the website of Fastenal.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

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