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.

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.

Garmin Ltd (GRMN) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for GRMN.

Garmin Ltd (GRMN) pays a modest 1.81% dividend yield, or $4.20 per share annually at a stock price of $285.00. 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 Overview

Garmin Ltd (GRMN) pays a modest 1.81% dividend yield, or $4.20 per share annually at a stock price of $285.00.

Dividend Yield

1.81%

Annual Dividend

$4.20

Share Price

$285.00

Ex-Dividend Date

Jun 15, 2026

Consecutive Years

0 yrs

Sector

Consumer Discretionary

Dividend Safety

Safe

The payout ratio of 40% is well within sustainable levels, leaving room for future increases.

Payout Ratio40%

0%60%80%100%

DRIP Projection

$10,000 invested in GRMN with dividends reinvested would grow to approximately $12,974 after 10 years, generating roughly $512/year in dividend income. This projection assumes the current 1.81% yield and a 8.1% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$10,181	$200	+2%
Year 5	$11,112	$297	+11%
Year 10	$12,974	$512	+30%
Year 15	$16,277	$948	+63%
Year 20	$22,665	$1,949	+127%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.