Fastenal Company

FAST-Q

NASDAQ:FAST

36.80
0.51 (1.37%)
Fastenal Company is an American company based in Winona, Minnesota. Distributing goods used by other businesses, it has over 2,600 branches throughout the US, Canada, Mexico and Europe along with 13 distribution centers.
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Analysis and Opinions about FAST-Q

Signal
Opinion
Expert
COMMENT
COMMENT
June 7, 2016

If you want a case study for the anatomy of exceptional dividend growth, this would be the company. Back in 2005 they had a low payout ratio and were growing top and bottom lines, and then they increased the payout ratio. Their dividend in 2005 went to $0.16 a share, and then went to $1 per share in 2014, a 23% dividend growth per share in 10 years. The dividend is secure although it is growing at a slower rate.

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If you want a case study for the anatomy of exceptional dividend growth, this would be the company. Back in 2005 they had a low payout ratio and were growing top and bottom lines, and then they increased the payout ratio. Their dividend in 2005 went to $0.16 a share, and then went to $1 per share in 2014, a 23% dividend growth per share in 10 years. The dividend is secure although it is growing at a slower rate.

DON'T BUY
DON'T BUY
March 14, 2014

(Market Call Minute.) Great, great company in the past. Has a very high valuation. Stock is expensive.

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(Market Call Minute.) Great, great company in the past. Has a very high valuation. Stock is expensive.

WATCH
WATCH
July 10, 2012
Likes some of the housing related stocks and they have been performing pretty well. This one had been a leader through the course of the early part of this rally. Good company and they execute very well. Have had very good growth. If the stock could stabilize here and could trade back through $45, it’s one he would take a look at it.
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Likes some of the housing related stocks and they have been performing pretty well. This one had been a leader through the course of the early part of this rally. Good company and they execute very well. Have had very good growth. If the stock could stabilize here and could trade back through $45, it’s one he would take a look at it.
SELL
SELL
January 17, 2012
Beautifully managed. No debt and great earnings. A couple of negatives in that the BV is quite low and he believes insiders have been selling. If he owned it, he would be looking to get out.
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Fastenal Company (FAST-Q)
January 17, 2012
Beautifully managed. No debt and great earnings. A couple of negatives in that the BV is quite low and he believes insiders have been selling. If he owned it, he would be looking to get out.
TOP PICK
TOP PICK
November 21, 2008
Manufacturers nuts, bolts and fasteners. Over the last 5 years earnings have increased on an average of 27% per year. Will benefit from infrastructure coming out of the recession.
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Fastenal Company (FAST-Q)
November 21, 2008
Manufacturers nuts, bolts and fasteners. Over the last 5 years earnings have increased on an average of 27% per year. Will benefit from infrastructure coming out of the recession.
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