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Garmin (GRMN) Dividend Yield, Date & History

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$208.99 +3.57 (+1.74%)
(As of 12/20/2024 05:45 PM ET)

Garmin Dividend Summary

Dividend Yield
1.44%
Annual Dividend
$3.00
Next
Dividend Payment
Dec. 27
Annualized 3-Year
Dividend Growth
6.76%
Dividend Payout Ratio
38.07%

Garmin (GRMN) pays an annual dividend of $3.00 per share, with a dividend yield of 1.44%. The next quarterly payment of $0.75 per share is scheduled for Friday, December 27, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 38.07% of its earnings and 48.43% of its cash flow as dividends.

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GRMN Dividend Payments by Quarter

The chart below displays up to four years of Garmin's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GRMN Dividend Yield Over Time

The chart below tracks Garmin's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Garmin vs. The Competition

Compare Garmin's annual dividend, yield, and 3-year growth rate with averages for Computer and NYSE companies to evaluate its performance against the market.

TypeGarminComputer CompaniesNYSE Companies
Annual Dividend$3.00$0.03$1.39
Dividend Yield1.44%2.77%3.59%
Annualized 3-Year Dividend Growth6.76%12.57%15.78%

Garmin Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings38.07%
Based on This Year's Estimate42.80%
Based on Next Year's Estimate39.16%
Based on Cashflow48.43%

Garmin Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
6/17/2024quarterly$0.75 - 1.9%3/14/20253/14/20253/28/2025
2/21/2024Quarterly$0.75 - 1.76%12/13/202412/13/202412/27/2024
2/21/2024Quarterly$0.75 - 1.76%12/13/202412/13/202412/27/2024
2/22/2024quarterly$0.75+$0.02
2.74%
2.2%9/13/20249/13/20249/27/2024
2/22/2023quarterly$0.73 - 2.8%3/14/20243/15/20243/29/2024
2/22/2023quarterly$0.73 - 2.8%12/14/202312/15/202312/29/2023
2/22/2023Quarterly$0.73 - 2.84%9/14/20239/15/20239/29/2023

This table shows Garmin's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Garmin Dividend - Frequently Asked Questions

The current dividend yield for Garmin is 1.44%. Learn more on GRMN's dividend yield history.

The annual dividend for GRMN shares is $3.00. Learn more on GRMN's annual dividend history.

Garmin pays quarterly dividends to shareholders.

Garmin's next quarterly dividend payment of $0.75 per share will be made to shareholders on Friday, March 28, 2025.

Garmin's next quarterly dividend payment of $0.75 per share will be made to shareholders on Friday, December 27, 2024.

Garmin's next quarterly dividend payment of $0.75 per share will be made to shareholders on Friday, December 27, 2024.

Garmin's most recent quarterly dividend payment of $0.75 per share was made to shareholders on Friday, September 27, 2024.

Garmin's next ex-dividend date is Friday, March 14, 2025.

Garmin's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 6.76% per year.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, February 22, 2024.

The dividend payout ratio for GRMN is:
  • 38.07% based on the trailing year of earnings
  • 42.80% based on this year's estimates
  • 39.16% based on next year's estimates
  • 48.43% based on cash flow

Garmin's dividend yield of 1.42% is lower than the average Computer and Technology company that issues a dividend. Garmin's dividend payout ratio of 38.07% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Garmin stock as a Reduce, forecasting potential downside risks or overvaluation, signaling caution for investors.


This page (NYSE:GRMN) was last updated on 12/21/2024 by MarketBeat.com Staff
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