Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.94%.
YIELD ON COST (YOC)
1.94%
FAST now pays $0.96 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(2016-08-30) | $10.94 | 8.78% |
| 5 years ago(2021-09-08) | $26.94 | 3.56% |
| 3 years ago(2023-08-29) | $28.77 | 3.34% |
| 1 year ago(2025-09-03) | $49.52 | 1.94% |
| Buying today(at $49.38) | $49.38 | 1.94% |
Projection: starting from today's 1.94% yield, assuming the dividend keeps compounding at 11.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.94%
In 3 years
2.70%
In 5 years
3.38%
In 10 years
5.91%
Try your own purchase price, dividend and growth rate for Fastenal Company (FAST).
Starting Yield
1.94%
Ending YOC
3.79%
Year 15 Dividend
$1.87
Cum. Dividends Recd.
$20.96
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.96 | N/A | 1.94% | $0.00 |
| Year 1 | $1.00 | +4.56% | 2.03% | $1.00 |
| Year 2 | $1.05 | +4.56% | 2.13% | $2.05 |
| Year 3 | $1.10 | +4.56% | 2.22% | $3.15 |
| Year 4 | $1.15 | +4.56% | 2.32% | $4.30 |
| Year 5 | $1.20 | +4.56% | 2.43% | $5.50 |
| Year 6 | $1.25 | +4.56% | 2.54% | $6.75 |
| Year 7 | $1.31 | +4.56% | 2.66% | $8.06 |
| Year 8 | $1.37 | +4.56% | 2.78% | $9.44 |
| Year 9 | $1.43 | +4.56% | 2.90% | $10.87 |
| Year 10 | $1.50 | +4.56% | 3.04% | $12.37 |
| Year 11 | $1.57 | +4.56% | 3.17% | $13.94 |
| Year 12 | $1.64 | +4.56% | 3.32% | $15.58 |
| Year 13 | $1.71 | +4.56% | 3.47% | $17.29 |
| Year 14 | $1.79 | +4.56% | 3.63% | $19.08 |
| Year 15 | $1.87 | +4.56% | 3.79% | $20.96 |
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
