Garmin Dividend
Dividend criteria checks 5/6
Garmin is a dividend paying company with a current yield of 2.01% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 17th June, 2024.
Key information
2.0%
Dividend yield
43%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 17 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$6.71 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75
Apr 27
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75
Apr 10Garmin'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 12Recent updates
Garmin (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 13At US$117, Is It Time To Put Garmin Ltd. (NYSE:GRMN) On Your Watch List?
Nov 11Garmin: Resilient Financials And Sustained Product Innovation
Nov 10Garmin (NYSE:GRMN) Has Affirmed Its Dividend Of $0.73
Oct 26Garmin (NYSE:GRMN) Has More To Do To Multiply In Value Going Forward
Oct 13Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73
Sep 28Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)
Sep 27Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73
Sep 09Garmin: Cautiously Positive Growth Prospects
Sep 08Garmin: Hold Rating After Strong Q2 Earnings, Signs Of Overvaluation
Aug 30Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73
Aug 26Garmin's (NYSE:GRMN) Dividend Will Be $0.73
Aug 08Upslope Capital - Garmin: A Classic 'Riches In Niches' Story
Jul 26Investors Met With Slowing Returns on Capital At Garmin (NYSE:GRMN)
Jun 28Garmin: Consumer Electronics Success Story
Jun 28Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)
Jun 15Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73
Jun 01Garmin: Powerful Arsenal Driving Success
May 25Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73
May 05Is Now An Opportune Moment To Examine Garmin Ltd. (NYSE:GRMN)?
Apr 10Here's What To Make Of Garmin's (NYSE:GRMN) Decelerating Rates Of Return
Mar 14Estimating The Intrinsic Value Of Garmin Ltd. (NYSE:GRMN)
Mar 01Garmin Non-GAAP EPS of $1.35 beats by $0.18, revenue of $1.31B misses by $10M
Feb 22Upcoming 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) | 2.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Consumer Durables) | 1.5% |
| Analyst forecast in 3 Years (GRMN) | 2.3% |
Notable Dividend: GRMN's dividend (2.01%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GRMN's dividend (2.01%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), GRMN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.5%), GRMN's dividend payments are well covered by cash flows.