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
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 |
|
$ |
0.44 |
|
|
|
|
|
|
|
|
|
|||||
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Value |
Total |
Average Per |
||||||||||||
|
|
|
Total |
Dividends per Share |
of Common |
Number |
Share Price of |
|||||||||||||||||||||
|
|
Dividend |
Dividends |
Regular |
|
Special |
|
Total |
|
Stock |
of Shares |
Common Stock |
||||||||||||||||
|
Year |
Payments |
Paid |
Dividend |
|
Dividend |
|
Dividend |
|
Purchased |
Purchased |
Purchased |
||||||||||||||||
|
2025 |
Two (1) |
|
$ |
499.0 |
|
|
$ |
0.87 |
|
|
$ |
— |
|
$ |
0.87 |
|
|
$ |
— |
|
|
— |
|
|
$ |
— |
|
|
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 |
|
|
$ |
6,223.7 |
|
|
$ |
10.07 |
|
|
$ |
0.78 |
|
$ |
10.85 |
|
|
$ |
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 573.6 million shares outstanding at |
|
|
(2) |
There was a supplemental dividend paid in |
In the first quarter of 2025, 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
All share and per share information reflects the two-for-one stock split in 2019.
About Fastenal
With more than 3,500 in-market locations spanning 25 countries, Fastenal supplies a broad offering of fasteners, safety products, metal cutting products, and other industrial supplies to customers engaged in manufacturing, construction, warehousing, wholesale, and state and local government. By investing in local experts and inventory, customer-facing technology, wide-ranging services, and best-in-class sourcing and logistics, we offer a unique combination of capabilities to help our customers reduce cost, risk, and scalability constraints in their global supply chains. This "high-touch, high-tech" approach is reflected in our tagline, Where Industry Meets Innovation™.
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
FAST-D
View source version on businesswire.com: https://www.businesswire.com/news/home/20250410914051/en/
Accounting Manager
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