Fastenal Company Announces Cash Dividend and Share Repurchase Activity

Fastenal Company Announces Cash Dividend and Share Repurchase Activity April 10, 2026 Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.24 per share to be paid in cash on May 26, 2026 to shareholders of record at the close of business on April 28, 2026. Except for share and per share information, dollar amounts are stated in millions. 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 December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends, though all future determinations 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 at that time. In 2026, 2025, and 2024, we paid (or declared) dividends as follows: Year First Quarter Second Quarter Third Quarter Fourth Quarter Total 2026 $ 0.240 $ 0.240 2025 $ 0.215 $ 0.220 $ 0.220 $ 0.220 $ 0.875 2024 $ 0.195 $ 0.195 $ 0.195 $ 0.195 $ 0.780 Dividend and common stock repurchase activity during the last ten years is as follows: Average Per Total Dividends per Share Total Value of Total Number Share Price of Dividend Dividends Regular Special Total Common Stock of Shares Common Stock Year Payments Paid Dividend Dividend Dividend Purchased Purchased Purchased 2026 Two(1) $ 551.1 $ 0.480 $ — $ 0.480 $ 20.1 425,000 $ 47.27 2025 Four $ 1,004.2 $ 0.875 $ — $ 0.875 $ — — $ — 2024 Four $ 893.3 $ 0.780 $ — $ 0.780 $ — — $ — 2023 Five(2) $ 1,016.8 $ 0.700 $ 0.190 $ 0.890 $ — — $ — 2022 Four $ 711.3 $ 0.620 $ — $ 0.620 $ 237.8 10,000,000 $ 23.79 2021 Four $ 643.7 $ 0.560 $ — $ 0.560 $ — — $ — 2020 Five(2) $ 803.4 $ 0.500 $ 0.200 $ 0.700 $ 52.0 3,200,000 $ 16.27 2019 Four $ 498.6 $ 0.435 $ — $ 0.435 $ — — $ — 2018 Four $ 441.9 $ 0.385 $ — $ 0.385 $ 103.0 8,000,000 $ 12.88 2017 Four $ 369.1 $ 0.320 $ — $ 0.320 $ 82.6 7,600,000 $ 10.86 Ten Year Total $ 6,933.4 $ 5.655 $ 0.390 $ 6.045 $ 495.5 29,225,000 $ 16.96 (1) The dividends per share and total dividends paid include the estimated impact from this announcement. The total dividends paid estimate is calculated using the 1,148.0 million shares outstanding at March 31, 2026. (2) There was a supplemental dividend paid in December 2020 and December 2023. In the first quarter of 2026, we purchased 425,000 shares of our common stock at an average price of $47.27 per share. We have authority to purchase up to 11,975,000 shares of our common stock under the July 12, 2022 authorization. This authorization does not have an expiration date. All share and per share information reflects the two-for-one stock split in each of 2019 and 2025. About Fastenal Organizations around the world rely on Fastenal to help them reduce cost, risk, and constraints in the supply chain for a broad range of industrial products. To understand our customers' challenges and provide services and solutions that fit their unique needs, we've built out the most extensive presence in our industry with a vast network of teams and embedded technology. At the heart of it all is a simple commitment: great people, close to your business, backed by world-class logistics, technology, and resources. 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 statements regarding expectations as to payment of a quarterly cash dividend and stock repurchase activity in the foreseeable future. Any future determination as to payment of dividends or stock repurchases 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 Securities and Exchange Commission, including our most recent annual report and subsequent quarterly reports. FAST-D Dray Schreiber Accounting Manager 507.313.7324 Source: Fastenal Company