Garmin (GRMN) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.90
- Forward yield
- 1.46%
- Payout ratio
- 40.3%
- Growth streak
- 3 years
Garmin pays a quarterly dividend of $1.05 per share. Its most recent payment had an ex-date of September 11, 2026 and was paid on September 25, 2026. Two further payments of $1.05 are already scheduled: one with an ex-date of December 11, 2026, paid December 24, and one with an ex-date of March 12, 2027, paid March 26. Over the trailing twelve months, Garmin paid $3.90 per share, a yield of about 1.39% at a share price of $281.16.
The record shows a yearly rhythm. Raises have landed on the payment that goes ex-dividend in mid-June. The rate held at $0.73 from June 2022 through March 2024. It then rose to $0.75 in 2024, to $0.90 in 2025 and to $1.05 in 2026. Those steps were about 2.7%, 20% and 16.7%. Since mid-2022, the quarterly rate has grown about 44%. Payments by calendar year rose from $2.92 in 2023 to $2.98 in 2024 and $3.45 in 2025. The company has increased its dividend for three consecutive years.
If the pattern holds, the payment after March 2027 would go ex-dividend in mid-June 2027 and be paid in late June. That is the payment where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Feb 18, 2026 | Mar 12, 2027 | Mar 26, 2027 | $1.05 |
| Feb 18, 2026 | Dec 11, 2026 | Dec 24, 2026 | $1.05 |
| Feb 18, 2026 | Sep 11, 2026 | Sep 25, 2026 | $1.05 |
| Feb 18, 2026 | Jun 15, 2026 | Jun 26, 2026 | $1.05 |
| Feb 19, 2025 | Mar 13, 2026 | Mar 27, 2026 | $0.90 |
| Feb 19, 2025 | Dec 12, 2025 | Dec 26, 2025 | $0.90 |
| Feb 19, 2025 | Sep 12, 2025 | Sep 26, 2025 | $0.90 |
| Feb 19, 2025 | Jun 16, 2025 | Jun 27, 2025 | $0.90 |
| Feb 21, 2024 | Mar 14, 2025 | Mar 28, 2025 | $0.75 |
| Feb 21, 2024 | Dec 13, 2024 | Dec 27, 2024 | $0.75 |
| Feb 21, 2024 | Sep 13, 2024 | Sep 27, 2024 | $0.75 |
| Feb 21, 2024 | Jun 17, 2024 | Jun 28, 2024 | $0.75 |
| May 3, 2023 | Mar 14, 2024 | Mar 29, 2024 | $0.73 |
| May 3, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.73 |
| May 3, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.73 |
| May 3, 2023 | Jun 16, 2023 | Jun 30, 2023 | $0.73 |
| Jun 10, 2022 | Mar 14, 2023 | Mar 31, 2023 | $0.73 |
| Feb 16, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.73 |
| Feb 16, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.73 |
| Feb 16, 2022 | Jun 16, 2022 | Jun 30, 2022 | $0.73 |
Frequently asked questions
Does Garmin (GRMN) pay a dividend?
Yes. Garmin pays a quarterly dividend; the most recent payment was $1.05 per share.
What is GRMN's dividend yield?
Garmin paid $3.90 per share over the trailing twelve months, a yield of 1.46% at the last price of $266.76. Click here to learn more
When is GRMN's next ex-dividend date?
Garmin's next ex-dividend date is Mar 12, 2027, payable on Mar 26, 2027.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has GRMN been raising its dividend?
Yes — Garmin has increased its dividend for 3 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.