Garmin Dividends and Buybacks
Dividend criteria checks 4/6
Garmin is a dividend paying company with a current yield of 1.4% 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 | 1.5% |
| Dividend Growth | -8.1% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | Mex$3.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRMN N's dividends per share have been stable in the past 10 years.
Growing Dividend: GRMN N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Garmin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRMN N) | 1.4% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Consumer Durables) | 3.9% |
| Analyst forecast (GRMN N) (up to 3 years) | 1.5% |
Notable Dividend: GRMN N's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: GRMN N's dividend (1.4%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), GRMN N'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 N's dividend payments are well covered by cash flows.