Garmin Dividends and Buybacks
Dividend criteria checks 5/6
Garmin is a dividend paying company with a current yield of 1.43% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
1.4%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -8.1% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$3.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.75
Oct 30
Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.75
Oct 16Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75
Oct 01Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Sep 05Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Aug 14Recent updates
Garmin's Q3 Was Striking, But So Is The Valuation
Nov 21Earnings Not Telling The Story For Garmin Ltd. (NYSE:GRMN) After Shares Rise 27%
Nov 07Garmin Ltd. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 01Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.75
Oct 30Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.75
Oct 16Garmin Ltd.'s (NYSE:GRMN) Intrinsic Value Is Potentially 20% Below Its Share Price
Oct 13Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75
Oct 01Garmin: Solid Dividend Stock, But Margin Headwinds And Downside Risks Raise Concern
Sep 22Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns
Sep 19Garmin: A Beat And Raise Helped Its Valuation, But Not Enough
Sep 10Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Sep 05Why Garmin Ltd. (NYSE:GRMN) Could Be Worth Watching
Aug 28Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Aug 14Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Jul 31Garmin's (NYSE:GRMN) Dividend Will Be $0.75
Jul 11Garmin: Innovative Niche Products Will Lead To Continued Success
Jul 02Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75
Jun 27Garmin (NYSE:GRMN) Will Pay A Larger Dividend Than Last Year At $0.75
Jun 13Garmin: Slightly Too Expensive, Needs To Prove It Can Improve Profitability
Jun 06Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75
May 11Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75
Apr 27Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75
Apr 10Garmin: Wearables Trends Remain Strong
Mar 29Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 26Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73
Mar 12Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73
Feb 13Garmin Ltd.'s (NYSE:GRMN) Shareholders Might Be Looking For Exit
Feb 08Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73
Jan 22Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73
Jan 08Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73
Dec 07Garmin: Growth Remains Intact But Valuation Is Not Attractive
Nov 16Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.73
Nov 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRMN's dividends per share have been stable in the past 10 years.
Growing Dividend: GRMN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Garmin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRMN) | 1.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Durables) | 1.3% |
| Analyst forecast (GRMN) (up to 3 years) | 1.6% |
Notable Dividend: GRMN's dividend (1.43%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: GRMN's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), GRMN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.9%), GRMN's dividend payments are well covered by cash flows.