Garmin Ltd. Stock Dividends
GRMN pays dividends quarterly. Last paid amount was $0.730 at Mar 29, 2024. As of today, dividend yield (TTM) is 2.25%.
Dividend Yield Range
AI Analysis of GRMN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.25% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.730 |
| Next Ex-Dividend Date | Jun 14, 2024 |
| Next Payment Date | Jun 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from GRMN the purchase should be done within the next 31 days.
Here's a simple guide on how to buy GRMN stock.
GRMN Dividend Payout History
To ensure a understanding of GRMN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Jun 13, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.730 | 0.91% |
| 12 | Jun 10, 2022 | Jun 16, 2022 | Jun 30, 2022 | $0.730 | 0.743% |
| 13 | Jun 09, 2021 | Mar 14, 2022 | Mar 31, 2022 | $0.670 | 0.565% |
| 14 | Jun 08, 2021 | Dec 14, 2021 | Dec 31, 2021 | $0.670 | 0.492% |
| 15 | Jun 07, 2021 | Sep 14, 2021 | Sep 30, 2021 | $0.670 | 0.431% |
| 16 | Feb 17, 2021 | Jun 14, 2021 | Jun 30, 2021 | $0.670 | 0.463% |
| 17 | Jun 10, 2020 | Mar 12, 2021 | Mar 31, 2021 | $0.610 | 0.463% |
| 18 | Jun 10, 2020 | Dec 14, 2020 | Dec 31, 2020 | $0.610 | 0.510% |
| 19 | Jun 09, 2020 | Sep 14, 2020 | Sep 30, 2020 | $0.610 | 0.643% |
| 20 | Feb 19, 2020 | Jun 12, 2020 | Jun 30, 2020 | $0.610 | 0.626% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
GRMN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GRMN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GRMN stock here.
Comparing GRMN to Sector and Country
GRMN pays a solid dividend yield of 2.25%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.359%). GRMN’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.58%), which means that there are more attractive dividend stocks to consider.
GRMN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Skyworks Solutions | 14.793B | $0.680 | 2.53% | 49.72% | |
| Garmin Ltd. | 32.519B | $0.730 | 2.25% | 41.01% | |
| CDW Corporation | 29.898B | $0.620 | 1.40% | 29.80% | |
| Marvell Technology | 58.611B | $0.0600 | 0.492% | -22.16% | |
| VeriSign | 16.911B | $2.75 | 0% | - |
