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GRMN Garmin Ltd Dividend

Garmin's last quarterly dividend payment of $0.67 per share was made to shareholders on record before Sep 14, 2021. The dividend payment stands at $2.56 per share annually, which equates to a dividend yield of 1.84%.

GRMN next dividend date: Dec 14, 2021

GRMN
DPS
$2.56
Dividend yield
1.84%
Payout ratio
43.5%
Technology sector
Dividend yield
1.54%
Payout ratio
35%

Dividend yield

GRMN has a dividend yield of 1.84% which is higher than the Technology sector, the industry and its peers average.

Dividend history

Garmin has been paying dividends for the last 18 years. According to our records GRMN has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 20% from a year ago, the dividend yield marks a decrease of 9%.

Recent dividends

Declared on Ex-date Payment date Amount Type
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 payouts

Payout ratio

GRMN has a payout ratio of 43.5% which is higher than the Technology sector and the industry average.

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