Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.96%.
YIELD ON COST (YOC)
1.96%
FAST now pays $0.92 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-07-20) | $10.64 | 8.65% |
| 5 years ago(2021-07-28) | $27.01 | 3.41% |
| 3 years ago(2023-07-19) | $28.65 | 3.21% |
| 1 year ago(2025-07-23) | $47.43 | 1.94% |
| Buying today(at $47.02) | $47.02 | 1.96% |
Projection: starting from today's 1.96% yield, assuming the dividend keeps compounding at its historical 4.6% rate. Boards set dividends each year, so actual figures will differ.
Today
1.96%
In 3 years
3.06%
In 5 years
4.12%
In 10 years
8.66%
Try your own purchase price, dividend and growth rate for Fastenal Company (FAST).
Starting Yield
1.96%
Ending YOC
3.82%
Year 15 Dividend
$1.80
Cum. Dividends Recd.
$20.08
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.92 | N/A | 1.96% | $0.00 |
| Year 1 | $0.96 | +4.56% | 2.05% | $0.96 |
| Year 2 | $1.01 | +4.56% | 2.14% | $1.97 |
| Year 3 | $1.05 | +4.56% | 2.24% | $3.02 |
| Year 4 | $1.10 | +4.56% | 2.34% | $4.12 |
| Year 5 | $1.15 | +4.56% | 2.45% | $5.27 |
| Year 6 | $1.20 | +4.56% | 2.56% | $6.47 |
| Year 7 | $1.26 | +4.56% | 2.67% | $7.73 |
| Year 8 | $1.31 | +4.56% | 2.80% | $9.04 |
| Year 9 | $1.37 | +4.56% | 2.92% | $10.42 |
| Year 10 | $1.44 | +4.56% | 3.06% | $11.85 |
| Year 11 | $1.50 | +4.56% | 3.20% | $13.36 |
| Year 12 | $1.57 | +4.56% | 3.34% | $14.93 |
| Year 13 | $1.64 | +4.56% | 3.49% | $16.57 |
| Year 14 | $1.72 | +4.56% | 3.65% | $18.29 |
| Year 15 | $1.80 | +4.56% | 3.82% | $20.08 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
