Dividend Payment and Yield
Garmin Ltd., a leading company in navigation technology, regularly rewards its shareholders with dividend payments, which are of great interest in the technology and consumer goods sector.
- Current Dividend Payment: In the fiscal year 2025, the dividend was $3.45 per share. A payment of $3.41 is expected for the year 2025, which deviates from previous payments.
- Dividend Yield: The current yield is about 1.79%, based on a share price of $192.71 on April 9, 2025. The average yield over the last five years is 2.21%, and over the last ten years, it is 2.60%.
- Future Payments: Quarterly dividend payments have been approved until March 2026; the first date is June 27, 2025. Each payment amounts to €0.90 or approximately $0.75 at an exchange rate of 1 EUR = 0.83 USD; this results in an annual payment of about €3.60.
Payout Ratio
Garmin’s payout ratio in the last fiscal year was 40.82%, averaging 45.98% over three years. This ratio demonstrates the share of dividends to earnings per share (EPS).
Importance for Investors
Garmin’s regular dividend payments are particularly attractive to investors in the technology and consumer goods sector. The company has maintained its dividends for over 23 years and increased them over the last eight years. This illustrates reliability and a stable financial foundation. The dividend yield and payout ratio are key factors that highlight the company’s ability to distribute profits to shareholders.