GRMN Garmin dividend history, payout ratio & dates
- Stocks
- Technology
- NASDAQ: GRMN
- Dividend
Last dividend date: Sep 12, 2025
Dividend yield: 1.63%
Payout ratio: 40.4%
Garmin's last dividend payment of $0.9 per share was made to shareholders on record before Sep 12, 2025. The dividend payment stands at $3.3 per share annually, which equates to a dividend yield of 1.61%.
GRMN dividend stats
vs. Technology sector
Garmin Dividend yield
GRMN has a dividend yield of 1.61% which is higher than the industry average. The historical 5-year average of GRMN's dividend yield is 2.0%, which is higher than the current one.
GRMN Dividend history
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 11% since one year ago. And with the stock price up by 0.6% from a year ago, the dividend yield has grown by 11%.
Garmin Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 12, 2025 | $0.9 | 1.39% |
| Jun 16, 2025 | $0.9 | 1.54% |
| 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% |
Garmin dividend payout ratio
Payout ratio
GRMN has a payout ratio of 40.4% which is higher than the Technology sector and the industry average. But in comparison with the Technology sector average of 38.7%, Garmin's payout ratio is only 4.4% higher.
Total amount of dividends paid per financial year (from cash flow)
GRMN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HON Honeywell International Inc | 7.94% | $15.54 | 162.9% |
| JOUT Johnson Outdoors Inc | 3.28% | $1.32 | N/A |
| GRMN Garmin Ltd | 1.63% | $3.3 | 40.4% |
| MSI Motorola Solutions Inc | 1.12% | $4.36 | 34.4% |
| CMTL Comtech Telecommunications Corp | N/A | N/A | N/A |
Frequently asked questions
Does Garmin pay a dividend?
Yes, Garmin has paid four dividends in the last 12 months. GRMN has been paying dividends since 2003.
When was GRMN's last dividend?
Garmin's last dividend ex-date was on Sep 12, 2025. The dividend amount was $0.9 per share.
How much dividend does Garmin pay (per share)?
On an annual basis GRMN pays $3.3 per share.
What is Garmin's dividend yield?
The current dividend yield of Garmin is 1.61%.
How often does Garmin pay dividends?
Garmin has a quarterly dividend frequency.
What is Garmin's dividend payout ratio?
Garmin's dividend payout ratio is 40.4%.
Does Garmin pay a good dividend?
Garmin's dividend yield is in line with the Technology sector average.
Special dividends are included in TTM DPS and yield.