Fastenal declares $0.26 quarterly dividend, repurchases shares

Fastenal Company (NASDAQ: FAST) declared a quarterly cash dividend of $0.26 per share, payable November 25, 2026, to shareholders of record as of October 28, 2026, according to a press release from the Winona, Minnesota-based company.

The declared dividend brings the total dividends per share for 2026 to $1.00, up from $0.875 in 2025 and $0.780 in 2024. Total dividends paid in 2026 are estimated at $1.147 billion, based on approximately 1.147 billion shares outstanding as of September 30, 2026.

In the third quarter of 2026, Fastenal repurchased 650,000 shares of common stock at an average price of $46.49 per share. Year-to-date in 2026, the company has repurchased 1,725,000 shares at an average price of $46.39 per share, for a total value of $80.0 million.

The company retains authority to purchase up to 10,675,000 additional shares under a July 12, 2022 board authorization, which carries no expiration date. Over the past ten years, Fastenal has repurchased a total of 30,525,000 shares at an average price of $18.20 per share, for a combined value of $555.4 million.

All share and per share figures reflect two-for-one stock splits completed in 2019 and 2025.

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