Garmin Dividends and Buybacks
Dividend criteria checks 5/6
Garmin is a dividend paying company with a current yield of 1.45% that is well covered by earnings. Next payment date is on 28th March, 2025 with an ex-dividend date of 14th March, 2025.
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 | 28 Mar 25 |
| Ex dividend date | 14 Mar 25 |
| 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 05Recent updates
Garmin: Defying The Odds
Dec 28Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns
Dec 26Is It Too Late To Consider Buying Garmin Ltd. (NYSE:GRMN)?
Dec 01Garmin'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 08Upcoming 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) | 4.5% |
| Industry Average (Consumer Durables) | 1.5% |
| Analyst forecast (GRMN) (up to 3 years) | 1.6% |
Notable Dividend: GRMN's dividend (1.45%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: GRMN's dividend (1.45%) is low compared to the top 25% of dividend payers in the US market (4.52%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 11:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Garmin Ltd. is covered by 37 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Radbourne | Atlantic Equities LLP |
| John Bright | Avondale Partners |
| William Power | Baird |