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GRMN Garmin dividend history, payout ratio & dates

Garmin's last quarterly dividend payment of $0.67 per share was made to shareholders on record before Mar 14, 2022. The dividend payment stands at $2.68 per share annually, which equates to a dividend yield of 2.66%.

Key dates

  • GRMN last dividend date: Mar 14, 2022
  • GRMN next dividend date: Not announced
GRMN dividend stats
DPS
$2.68
Dividend yield
2.68%
Payout ratio
47.9%
vs. Technology sector
Dividend yield
1.78%
Payout ratio
35.7%

Dividend yield

What is Garmin current dividend yield

GRMN has a dividend yield of 2.66% which is higher than the Technology sector and its peers average.

Dividend history

What is GRMN dividend payout history and dates

Garmin has been paying dividends for the last 19 years. According to our records GRMN has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 10% since one year ago. And with the stock price down by 27% from a year ago, the dividend yield has grown by 51%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Feb 17, 2021 Mar 14, 2022 Mar 31, 2022 $0.67 normal
Feb 17, 2021 Dec 14, 2021 $0.67 normal
Feb 17, 2021 Sep 14, 2021 Sep 30, 2021 $0.67 normal
Feb 17, 2021 Jun 14, 2021 Jun 30, 2021 $0.67 normal
Feb 19, 2020 Mar 12, 2021 Mar 31, 2021 $0.61 normal
Feb 19, 2020 Dec 14, 2020 Dec 31, 2020 $0.61 normal
Feb 19, 2020 Sep 14, 2020 Sep 30, 2020 $0.61 normal
Jun 5, 2020 Jun 12, 2020 Jun 30, 2020 $0.61 normal
Feb 14, 2020 Mar 13, 2020 Mar 31, 2020 $0.57 normal
Oct 25, 2019 Dec 13, 2019 Dec 31, 2019 $0.57 normal
Jul 26, 2019 Sep 13, 2019 Sep 30, 2019 $0.57 normal
Jun 7, 2019 Jun 14, 2019 Jun 28, 2019 $0.57 normal
Feb 15, 2019 Mar 14, 2019 Mar 29, 2019 $0.53 normal
Oct 26, 2018 Dec 13, 2018 Dec 31, 2018 $0.53 normal
Jul 27, 2018 Sep 13, 2018 Sep 28, 2018 $0.53 normal
Jun 8, 2018 Jun 15, 2018 Jun 29, 2018 $0.53 normal
Feb 16, 2018 Mar 14, 2018 Mar 30, 2018 $0.51 normal
Jun 9, 2017 Dec 14, 2017 Dec 29, 2017 $0.51 normal
Jul 28, 2017 Sep 13, 2017 Sep 29, 2017 $0.51 normal
Jun 9, 2017 Jun 15, 2017 Jun 30, 2017 $0.51 normal
Feb 17, 2017 Mar 13, 2017 Mar 31, 2017 $0.51 normal
Oct 20, 2016 Dec 12, 2016 Dec 30, 2016 $0.51 normal
Jun 10, 2016 Sep 13, 2016 Sep 30, 2016 $0.51 normal
Jun 10, 2016 Jun 16, 2016 Jun 30, 2016 $0.51 normal
Feb 18, 2015 Mar 14, 2016 Mar 31, 2016 $0.51 normal
Feb 18, 2015 Dec 11, 2015 Dec 31, 2015 $0.51 normal
Jul 24, 2015 Sep 11, 2015 Sep 30, 2015 $0.51 normal

Dividend payout ratio

What is Garmin dividend payout ratio compared to the sector

Payout ratio

GRMN has a payout ratio of 47.9% which is higher than the Technology sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)