Garmin Ltd. has announced the approval of a cash dividend of $3.60 per share, payable in four equal installments. The dividend payment date for the June 2025 installment is set for June 27, 2025, with a record date of June 16, 2025. The company also anticipates subsequent quarterly dividend installments of $0.90 per share to be paid on September 26, 2025, December 26, 2025, and March 27, 2026, with corresponding record dates of September 12, 2025, December 12, 2025, and March 13, 2026, respectively.
This represents a sustained dividend payout to shareholders, indicating the company's commitment to providing returns to its investors. It also reflects the company's confidence in its financial position and ability to generate consistent cash flows.
The approval of these dividends aligns with Garmin's dedication to enhancing shareholder value and underscores its financial stability. Shareholders can anticipate a series of regular dividend payments over the coming quarters, providing them with a steady income stream. As a result of these announcements, the company's shares have moved -0.35% on the market, and are now trading at a price of $208.39. If you want to know more, read the company's complete 8-K report here.
