GRMN| Garmin
Consumer Discretionary•Consumer Electronics•USD Currency
Garmin (GRMN) pays an annualized forward dividend of $4.20 per share in USD, representing a forward yield of 1.57%.
With a dividend payout ratio of 38.7%, the company has compounded its dividend payout at an annualized rate of +7.5% over the past 5 years.
Historical Dividend Payouts(GRMN)
Recent cash distributions, declared payout dates, and distribution track record.
| Ex-Dividend Date | Type | Cash Amount | Schedule | Change vs Prior |
|---|---|---|---|---|
| 2026-09-11 | Regular Cash | $1.0500 | Quarterly | — |
| 2026-06-15 | Regular Cash | $1.0500 | Quarterly | +16.7% |
| 2026-03-13 | Regular Cash | $0.9000 | Quarterly | — |
| 2025-12-12 | Regular Cash | $0.9000 | Quarterly | — |
| 2025-09-12 | Regular Cash | $0.9000 | Quarterly | — |
| 2025-06-16 | Regular Cash | $0.9000 | Quarterly | +20.0% |
| 2025-03-14 | Regular Cash | $0.7500 | Quarterly | — |
| 2024-12-13 | Regular Cash | $0.7500 | Quarterly | — |
Dividend Reinvestment (DRIP) Calculator
Simulate compound dividend reinvestment returns with GRMN.
| Year | Balance | Annual Dividend | Monthly Cash Flow |
|---|---|---|---|
| Year 5 | $31,077 | +$519 | +$43/mo |
| Year 10 | $61,751 | +$1,443 | +$120/mo |
| Year 15 | $109,123 | +$3,460 | +$288/mo |
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Frequently Asked Questions about Garmin (GRMN)
How many consecutive years has Garmin (GRMN) increased its dividend?
Garmin (GRMN) has increased its annual dividend payout for 9 consecutive years, placing it in the Dividend Contender tier.
What is Garmin's current dividend yield and payout?
As of recent market updates, Garmin offers a forward dividend yield of 1.57% with an estimated annual payout of $4.20 per share in USD.
What is Garmin's dividend payout ratio and is it sustainable?
Garmin has an estimated dividend payout ratio of 38.7%. A payout ratio below 60% indicates a strong safety buffer, leaving ample room for continued reinvestment and future dividend growth.
When is the next or most recent ex-dividend date for GRMN?
The recorded ex-dividend date for Garmin (GRMN) is 2026-12-11. Investors must purchase or hold shares before this date to receive the upcoming distribution.
Is Garmin (GRMN) a Dividend Aristocrat or King?
With a 9-year streak, Garmin is classified as a Dividend Contender, working toward Aristocrat status (25+ years).
How does dividend reinvestment (DRIP) work for GRMN?
A Dividend Reinvestment Plan (DRIP) allows you to automatically reinvest cash dividends from Garmin into additional shares or fractional shares, compounding your investment value over time.