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 28th March, 2025 with an ex-dividend date of 14th March, 2025.
Key information
1.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 4.9% |
| Next dividend pay date | 28 Mar 25 |
| Ex dividend date | 14 Mar 25 |
| Dividend per share | US$3.000 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75
Feb 20
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.75
Oct 30Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.75
Oct 16Recent updates
Garmin Q4 2024: Record Revenue Masks Underlying Risks
Feb 21Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75
Feb 20Garmin Ltd.'s (NYSE:GRMN) Shareholders Might Be Looking For Exit
Feb 16Garmin: Strong Fundamentals, Not Attractive Valuation
Jan 28Here's Why We Think Garmin (NYSE:GRMN) Might Deserve Your Attention Today
Jan 20Garmin: 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 10Stability 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) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Consumer Durables) | 1.6% |
| Analyst forecast (GRMN) (up to 3 years) | 1.7% |
Notable Dividend: GRMN's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GRMN's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), GRMN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.6%), 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 | 2025/03/24 10:36 |
| End of Day Share Price | 2025/03/24 00:00 |
| Earnings | 2024/12/28 |
| Annual Earnings | 2024/12/28 |
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 |
| |
| Management | 10 years |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Garmin Ltd. is covered by 34 analysts. 7 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 |