Garmin's last dividend payment of $0.75 per share was made to shareholders on record before Mar 14, 2025. The dividend payment stands at $3 per share annually, which equates to a dividend yield of 1.4%.
GRMN has a dividend yield of 1.4% which is higher than the industry average but lower than the Technology sector average. In comparison with the Technology sector average of 1.8%, Garmin's dividend yield is 22% lower. The historical 5-year average of GRMN's dividend yield is 2.1%, which is higher than the current one.
Garmin has been paying dividends for the last 22 years. According to our records GRMN has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.7% since one year ago. However with the stock price up by 44% from a year ago, the dividend yield marks a decrease of 29%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Mar 14, 2025 | $0.75 | 1.4% |
Dec 13, 2024 | $0.75 | 1.38% |
Sep 13, 2024 | $0.75 | 1.71% |
Jun 17, 2024 | $0.75 | 1.83% |
Mar 14, 2024 | $0.73 | 1.99% |
Dec 14, 2023 | $0.73 | 2.32% |
Sep 14, 2023 | $0.73 | 2.74% |
Jun 16, 2023 | $0.73 | 2.75% |
Mar 14, 2023 | $0.73 | 3.01% |
Dec 14, 2022 | $0.73 | 2.99% |
Sep 14, 2022 | $0.73 | 2.41% |
Jun 16, 2022 | $0.73 | 2.23% |
Mar 14, 2022 | $0.67 | 1.84% |
Sep 14, 2021 | $0.67 | 1.51% |
Jun 14, 2021 | $0.67 | 1.75% |
Mar 12, 2021 | $0.61 | 1.91% |
Dec 14, 2020 | $0.61 | 2.05% |
Sep 14, 2020 | $0.61 | 2.37% |
Jun 12, 2020 | $0.61 | 2.53% |
Mar 13, 2020 | $0.57 | 2.95% |
Dec 13, 2019 | $0.57 | 2.3% |
Sep 13, 2019 | $0.57 | 2.58% |
Jun 14, 2019 | $0.57 | 2.71% |
Mar 14, 2019 | $0.53 | 2.55% |
Dec 13, 2018 | $0.53 | 3.18% |
Sep 13, 2018 | $0.53 | 3.03% |
Jun 15, 2018 | $0.53 | 3.36% |
Mar 14, 2018 | $0.51 | 3.39% |
Dec 14, 2017 | $0.51 | 3.43% |
Sep 13, 2017 | $0.51 | 3.88% |
Jun 15, 2017 | $0.51 | 3.95% |
Mar 13, 2017 | $0.51 | 3.93% |
Dec 12, 2016 | $0.51 | 4.11% |
Sep 13, 2016 | $0.51 | 4.35% |
Jun 16, 2016 | $0.51 | 4.87% |
Mar 14, 2016 | $0.51 | 5.19% |
Dec 11, 2015 | $0.51 | 5.67% |
Sep 11, 2015 | $0.51 | 5.52% |
Jun 12, 2015 | $0.51 | 4.35% |
Mar 12, 2015 | $0.48 | 3.94% |
GRMN has a payout ratio of 40.8% which is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 37.6%, Garmin's payout ratio is 9% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
JOUT Johnson Outdoors Inc | 5.29% | $1.32 | N/A |
HON Honeywell International Inc | 2.09% | $4.42 | 50.5% |
GRMN Garmin Ltd | 1.38% | $3 | 40.8% |
MSI Motorola Solutions Inc | 0.94% | $4.14 | 43.8% |
CMTL Comtech Telecommunications Corp | N/A | N/A | N/A |
Yes, Garmin has paid four dividends in the last 12 months. GRMN has been paying dividends since 2003.
Garmin's last dividend ex-date was on Mar 14, 2025. The dividend amount was $0.75 per share.
On an annual basis GRMN pays $3 per share.
The current dividend yield of Garmin is 1.4%.
Garmin has a quarterly dividend frequency.
Garmin's dividend payout ratio is 40.8%.
Garmin's dividend yield is lower than the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.