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Garmin (Garmin) Dividend Yield % : 2.07% (As of Apr. 25, 2024)


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What is Garmin Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Garmin is 2.07%.

Warning Sign:

Garmin Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Garmin's Dividend Yield % or its related term are showing as below:

GRMN' s Dividend Yield % Range Over the Past 10 Years
Min: 1.42   Med: 3.16   Max: 6.18
Current: 2.07

During the past 13 years, the highest Dividend Yield of Garmin was 6.18%. The lowest was 1.42%. And the median was 3.16%.

GRMN's Dividend Yield % is ranked worse than
57.16% of 1354 companies
in the Hardware industry
Industry Median: 2.41 vs GRMN: 2.07

Garmin's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27.

During the past 13 years, the highest Dividend Payout Ratio of Garmin was 1.00. The lowest was 0.44. And the median was 0.55.

As of today (2024-04-25), the Forward Dividend Yield % of Garmin is 2.13%.

Garmin's Dividends per Share for the three months ended in Dec. 2023 was $0.73.

During the past 12 months, Garmin's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Garmin was 44.20% per year. The lowest was 1.50% per year. And the median was 7.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Garmin Dividend Yield % Historical Data

The historical data trend for Garmin's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Garmin Dividend Yield % Chart

Garmin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.01 1.92 3.08 2.27

Garmin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 2.89 2.80 2.78 2.27

Competitive Comparison of Garmin's Dividend Yield %

For the Scientific & Technical Instruments subindustry, Garmin's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garmin's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Garmin's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Garmin's Dividend Yield % falls into.



Garmin Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Garmin Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7302024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7302023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7302023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7302023-06-162023-06-202023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Garmin's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.92/143.03
=2.04 %

Current Share Price is $143.03.
Garmin's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.92.

Garmin's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.92/143.03
=2.04 %

Current Share Price is $143.03.
Garmin's Dividends per Share for the forward twelve months is calculated as $0.73 * 4 = $2.92.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Garmin  (NYSE:GRMN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Garmin Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Garmin's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Garmin (Garmin) Business Description

Traded in Other Exchanges
Address
Muhlentalstrasse 2, Schaffhausen, CHE, 8200
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Executives
Clifton A Pemble director, officer: President and CEO
Cheng-wei Wang officer: General Manager - Garmin Corp. NO. 68, ZHANGSHU 2ND ROAD, XIZHI DISTRICT, NEW TAIPEI CITY F5 221
Sean Biddlecombe officer: General Manager, Garmin Europe LIBERTY HOUSE, HOUNSDOWN BUSINESS PARK, SOUTHAMPTON X0 SO40 9LR
Douglas G. Boessen officer: CFO and Treasurer 3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Patrick Desbois officer: Vice President, Operations 1200 EAST 151ST STREET, OLATHE KS 66062
Matthew Munn officer: VP, Man. Director - Auto OEM 28001 CABOT DRIVE, SUITE 100, NOVI MI 48377
Philip Straub officer: VP, Man. Director - Aviation 1200 EAST 151ST STREET, OLATHE KS 66062
Jonathan Burrell 10 percent owner 6300 WEST 143RD STREET, OVERLAND PARK KS 66223
Joseph J Hartnett director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Min H Kao director, 10 percent owner, officer: Chairman and CEO 1200 E. 151ST ST., OLATHE KS 66062
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Pao-chang Huang officer: General Manager - Garmin Corp. NO. 68, JANGSHU 2ND ROAD, SIJHIH, TAPEI F5 ROC
Danny J Bartel officer: Vice President,Worldwide Sales 1200 EAST 151ST STREET, OLATHE KS 66062
Donald Eller director
Andrew R Etkind officer: General Counsel and Secretary 1200 E 151 ST ST, OLATHE KS 66062

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