Garmin Ltd. (GRMN) Dividend History

NYSE: GRMNYield, payment dates, growth and payout ratio.

GRMN next dividend

$1.05per share
Ex-dividend dateDec 11Friday, 2026
Payment dateDec 24Thursday, 2026

Ex-dividend in 54 days. Shareholders who own GRMN before the ex-dividend date receive this payment.

  • 8 yearsof dividend increases
  • 2003paying since
  • Quarterly4 payments a year
  • +7.5%5-year growth a year
  • 1.47%forward yield

GRMN dividend income calculator

Dividend income a year
$420
Each payment
$105
Value of the shares
$28,479
Dividend yield
1.47%

At the latest close; forward annual dividend $4.20 per share, before tax.

GRMN dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

GRMN dividend safety

Payout ratio (earnings)40.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)48.7%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.5%
Growing · a year on average
Years of increases8
Established · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

GRMN yield on cost

Garmin Ltd. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$248.991.69%$3.901.6%
3 years ago$105.064.00%$10.169.7%
5 years ago$159.402.63%$15.8810.0%
10 years ago$48.648.63%$27.1255.8%
20 years ago$49.578.47%$41.9584.6%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

GRMN dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

GRMN dividends by year

Garmin Ltd. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.45+15.8%1.70%4
2024$2.98+2.1%1.44%4
2023$2.92+2.1%2.27%4
2022$2.86+9.2%3.10%4
2021$2.62+9.2%1.92%4
2020$2.40+7.1%2.01%4
2019$2.24+6.7%2.30%4
2018$2.10+2.9%3.32%4
2017$2.040.0%3.42%4
2016$2.04+1.5%4.21%4
2015$2.01+6.3%5.41%4
2014$1.89+5.0%3.58%4
2013$1.80+2.9%3.90%4
2012$1.75—4.29%4
2011$1.60—4.02%3
2010$1.50—4.85%2
2009$0.750.0%2.44%1
2008$0.750.0%3.91%1
2007$0.75+50.0%0.77%1
2006$0.50—0.90%1

GRMN dividend history

73 payments
Garmin Ltd. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2027-03-122027-03-26$1.05—Quarterly
2026-12-112026-12-24$1.05—Quarterly
2026-09-112026-09-25$1.05—Quarterly
2026-06-152026-06-26$1.05+16.7%Quarterly
2026-03-132026-03-27$0.9—Quarterly
2025-12-122025-12-26$0.9—Quarterly
2025-09-122025-09-26$0.9—Quarterly
2025-06-162025-06-27$0.9+20.0%Quarterly
2025-03-142025-03-28$0.75—Quarterly
2024-12-132024-12-27$0.75—Quarterly
2024-09-132024-09-27$0.75—Quarterly
2024-06-172024-06-28$0.75+2.7%Quarterly
2024-03-142024-03-29$0.73—Quarterly
2023-12-142023-12-29$0.73—Quarterly
2023-09-142023-09-29$0.73—Quarterly
2023-06-162023-06-30$0.73—Quarterly
Show all 73 payments
Ex-dividend datePayment dateAmountChangeFrequency
2023-03-142023-03-31$0.73—Quarterly
2022-12-142022-12-30$0.73—Quarterly
2022-09-142022-09-30$0.73—Quarterly
2022-06-172022-06-30$0.73+9.0%Quarterly
2022-03-142022-03-31$0.67—Quarterly
2021-12-142021-12-31$0.67—Quarterly
2021-09-142021-09-30$0.67—Quarterly
2021-06-142021-06-30$0.67+9.8%Quarterly
2021-03-122021-03-31$0.61—Quarterly
2020-12-142020-12-31$0.61—Quarterly
2020-09-142020-09-30$0.61—Quarterly
2020-06-122020-06-30$0.61+7.0%Quarterly
2020-03-132020-03-31$0.57—Quarterly
2019-12-132019-12-31$0.57—Quarterly
2019-09-132019-09-30$0.57—Quarterly
2019-06-142019-06-28$0.57+7.5%Quarterly
2019-03-142019-03-29$0.53—Quarterly
2018-12-132018-12-31$0.53—Quarterly
2018-09-132018-09-28$0.53—Quarterly
2018-06-152018-06-29$0.53+3.9%Quarterly
2018-03-142018-03-30$0.51—Quarterly
2017-12-142017-12-29$0.51—Quarterly
2017-09-132017-09-29$0.51—Quarterly
2017-06-152017-06-30$0.51—Quarterly
2017-03-132017-03-31$0.51—Quarterly
2016-12-122016-12-30$0.51—Quarterly
2016-09-132016-09-30$0.51—Quarterly
2016-06-162016-06-30$0.51—Quarterly
2016-03-142016-03-31$0.51—Quarterly
2015-12-112015-12-31$0.51—Quarterly
2015-09-112015-09-30$0.51—Quarterly
2015-06-122015-06-30$0.51+6.2%Quarterly
2015-03-122015-03-31$0.48—Quarterly
2014-12-112014-12-31$0.48—Quarterly
2014-09-112014-09-30$0.48—Quarterly
2014-06-132014-06-30$0.48+6.7%Quarterly
2014-03-132014-03-31$0.45—Quarterly
2013-12-122013-12-31$0.45—Quarterly
2013-09-122013-09-30$0.45—Quarterly
2013-06-142013-06-28$0.45—Quarterly
2013-03-132013-03-29$0.45—Quarterly
2012-12-122012-12-31$0.45—Quarterly
2012-09-122012-09-28$0.45—Quarterly
2012-06-132012-06-29$0.45+12.5%Quarterly
2012-03-132012-03-30$0.4—Quarterly
2011-12-132011-12-30$0.4—Quarterly
2011-09-132011-09-30$0.4−50.0%Quarterly
2011-06-132011-06-30$0.8+79,900.0%Quarterly
2010-04-16—$0.001−99.9%
2010-04-132010-04-30$1.50+100.1%
2009-11-272009-12-15$0.75—Once a year
2008-11-262008-12-15$0.75—Once a year
2007-08-132007-09-14$0.75+50.0%Once a year
2006-11-292006-12-15$0.5+100.0%Once a year
2005-11-292005-12-15$0.25—Once a year
2004-11-292004-12-15$0.25—Quarterly
2003-11-262003-12-15$0.25—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

GRMN stock split history

  • 2:1August 16, 2006

GRMN dividend overview

Garmin pays an annual dividend of $4.20 per share, a yield of 1.47% at the latest close, paid quarterly. It paid $3.45 per share in 2025, up 15.8% from 2024. It has raised its dividend for 8 consecutive years. Over five years the dividend grew 7.5% a year on average and over ten years 5.6% a year. The payout ratio is 40.3% of trailing earnings.

Related: GRMN cash flow statement, GRMN key metrics, GRMN chart. See the GRMN stock overview for the latest quote and news.

GRMN dividends FAQ

Does Garmin pay a dividend?

Yes. Garmin has paid a regular dividend since 2003, quarterly, most recently $1.05 per share with an ex-dividend date of March 12, 2027.

What is Garmin's dividend yield?

Garmin's forward annual dividend is $4.20 per share, a dividend yield of 1.47% at the latest close of $284.79.

When is Garmin's next dividend?

Garmin's next dividend of $1.05 per share goes ex-dividend on December 11, 2026 and is paid on December 24, 2026. Shareholders who own the stock before the ex-dividend date receive it.

How often does Garmin pay dividends?

Garmin pays dividends quarterly.

How fast is Garmin's dividend growing?

Garmin's dividend per share grew from $2.40 in 2020 to $3.45 in 2025, 7.5% a year on average over five years; it has increased for 8 years in a row.

What is Garmin's dividend payout ratio?

Garmin pays out 40.3% of its trailing earnings as dividends and 48.7% of its free cash flow (fiscal 2025).

Has Garmin split its stock?

Garmin has split its stock 1 time: 2:1 on August 16, 2006. Dividends per share on this page are adjusted for splits.

Scientific & Technical Instruments: dividends