Garmin Ltd (GRMN) Dividend Yield, History & Safety Analysis
Garmin Ltd (GRMN) pays a modest 1.81% dividend yield, or $4.20 per share annually at a stock price of $243.18. The payout ratio of 40% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.1x. Dividend growth is slowing — the 3-year CAGR of 7.2% trails the 5-year rate of 8.1% and the 10-year rate of 5.8%. The most recent ex-dividend date was June 15, 2026.
- Dividend Yield
- 1.81%
- Annual Dividend
- $4.20
- Payout Ratio
- 40.2%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-15
- Sector
- Consumer Discretionary
- Earnings Per Share
- $8.96
Frequently Asked Questions
What is GRMN's current dividend yield?
Garmin Ltd (GRMN) has a dividend yield of 1.81%, paying $4.20 per share annually.
How often does GRMN pay dividends?
Garmin Ltd typically pays dividends on a quarterly basis. The annual dividend totals $4.20 per share.
Is GRMN's dividend safe?
Garmin Ltd's dividend safety is rated "Safe." The payout ratio of 40% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.1x.
When is GRMN's next ex-dividend date?
The most recent ex-dividend date for Garmin Ltd was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is GRMN's dividend growth rate?
Garmin Ltd has a 5-year dividend compound annual growth rate (CAGR) of 8.1%. The 10-year CAGR is 5.8%.
What is GRMN's payout ratio?
Garmin Ltd has a payout ratio of 40%, meaning it distributes 40% of its earnings as dividends. This leaves significant room for dividend growth.
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