Garmin Dividend
Dividend criteria checks 5/6
Garmin is a dividend paying company with a current yield of 1.76% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
1.8%
Dividend yield
42%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 27 Sep 24 |
Ex dividend date | 13 Sep 24 |
Dividend per share | US$3.000 |
Earnings per share | US$7.16 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Garmin'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 (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 13Recent updates
Garmin'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 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 26Upcoming 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) | 1.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Consumer Durables) | 1.3% |
Analyst forecast in 3 Years (GRMN) | 2.1% |
Notable Dividend: GRMN's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: GRMN's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.8%), GRMN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.8%), GRMN's dividend payments are well covered by cash flows.