Garmin Ltd.
GRMNTechnology · Stock · quarterly payer
$241.96
Add to PortfolioForward Yield
1.74%
Annual Dividend
$4.20
Payout Ratio
40%
5-Yr Growth
8.1%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
GRMN Dividend Safety Score
81/ 100
Grade A
Very Safe
Dividend-growth streak14 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage40% of earnings paid out
Free-cash-flow coverage100% of free cash flow
Balance-sheet strengthDebt/equity of 2.33
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GRMN a good dividend stock?
YesGarmin Ltd. (GRMN) pays a quarterly dividend yielding 1.74% ($4.20/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (40%)
- Strong 8.1% 5-yr dividend growth
- 64% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.74%
- Payout Ratio
- 40%
- Annual Dividend
- $4.20
- 5-Yr Avg Growth
- 8.1%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.92
- Market Cap
- $46.7B
- P/E Ratio
- 27.0
- 5-Yr Total Return
- 64%
- 52-Week Range
- $186.67 – $273.32
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.9000 | regular |
| Dec 12, 2025 | — | $0.9000 | regular |
| Sep 12, 2025 | — | $0.9000 | regular |
| Jun 16, 2025 | — | $0.9000 | regular |
| Mar 14, 2025 | — | $0.7500 | regular |
| Dec 13, 2024 | — | $0.7500 | regular |
| Sep 13, 2024 | — | $0.7500 | regular |
| Jun 17, 2024 | — | $0.7500 | regular |
| Mar 14, 2024 | — | $0.7300 | regular |
| Dec 14, 2023 | — | $0.7300 | regular |
| Sep 14, 2023 | — | $0.7300 | regular |
| Jun 16, 2023 | — | $0.7300 | regular |
| Mar 14, 2023 | — | $0.7300 | regular |
| Dec 14, 2022 | — | $0.7300 | regular |
Income Calculator
At $4.20 / yr per share
Per payment (quarterly)$105.00
Annual$420.00
Monthly avg$35.00
