Garmin

Garmin Dividend

The Dividend of Garmin (GRMN) as of Oct 28, 2026 is 3.45 USD. In the previous year, Dividend was 2.98 USD — a change of 15.77% (higher).

Dividend

3.45USD

YoY

15.77%

Dividend yield

1.19 %

Last updated:

How much dividend does Garmin 2026 pay?

According to the latest status from October 2026, Garmin paid a total of 3.45 USD per share in dividends within the last 12 months. With the current Garmin price of 289.34 USD, this corresponds to a dividend yield of 1.23 %. A dividend is paid times per year.

At today's price the dividend yield works out to roughly 1.19%. The payout ratio is around 40% of earnings. The dividend has grown at 10.7% per year over the past 19 years.

Historical Garmin Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July and October.

Historical Garmin Dividends
PaydateDividend
1.05USD
1.05USD
0.90USD
0.90USD
0.90USD
0.90USD
0.75USD
0.75USD
0.75USD
0.75USD
0.73USD
0.73USD
0.73USD
0.73USD
0.73USD
0.73USD
0.73USD
0.73USD
0.67USD
0.67USD
0.67USD
0.67USD
0.61USD
0.61USD
0.61USD
0.61USD
0.57USD
0.57USD
0.57USD
0.57USD
0.53USD
0.53USD
0.53USD
0.53USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.51USD
0.48USD
0.48USD
0.48USD
0.48USD
0.45USD
0.45USD
0.45USD
0.45USD
0.45USD
0.45USD
0.45USD
0.45USD
0.40USD
0.40USD
0.40USD
0.80USD
1.50USD
0.75USD
0.75USD
0.75USD
0.50USD
0.25USD
0.25USD
0.25USD

The Garmin Dividend history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Date
Dividend
Jan 1, 2023
2.92 USD
Jan 1, 2024
2.98 USD
Jan 1, 2025
3.45 USD
Jan 1, 2026 (e)
2.10 USD
Jan 1, 2027 (e)
4.54 USD
Jan 1, 2028 (e)
4.91 USD
Jan 1, 2029 (e)
5.30 USD
Jan 1, 2030 (e)
5.73 USD
The Garmin Dividend history
YEARDividendYoY
est5.73USD+8.09%
est5.30USD+8.09%
est4.91USD+8.09%
est4.54USD+116.18%
est2.10USD-39.13%
3.45USD+15.77%
2.98USD+2.05%
2.92USD+2.10%
2.86USD+9.16%
2.62USD+9.17%
2.40USD+7.14%
2.24USD+6.67%
2.10USD+2.94%
2.04USD0.00%
2.04USD-19.05%
2.52USD+33.33%
1.89USD+5.00%
1.80USD+2.86%
1.75USD+9.38%
1.60USD+6.67%
1.50USD+100.00%
0.75USD0.00%
0.75USD0.00%
0.75USD+50.00%
0.50USD—

Garmin dividend history and estimates

In 2025, Garmin paid a dividend amounting to 3.45 USD. Dividend means that Garmin distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.62 USD
0.00 USD
Jan 1, 2022
2.86 USD
0.00 USD
Jan 1, 2023
2.92 USD
0.00 USD
Jan 1, 2024
2.98 USD
0.00 USD
Jan 1, 2025
3.45 USD
0.00 USD
Jan 1, 2026 (e)
2.10 USD
2.10 USD
Jan 1, 2027 (e)
0.00 USD
4.54 USD
Jan 1, 2028 (e)
0.00 USD
4.91 USD

Is the Garmin Dividend Safe?

Garmin has been increasing the dividend for 8 years.

Over the past 10 years, Garmin has increased it by an annual 3.19%.

Over a five-year period, the distribution rose by 7.53%.

Analysts expect a Dividend Increase of 10.34% for the current fiscal year.

Garmin dividend payout ratio

In 2025, Garmin had a payout ratio of 40.18%. The payout ratio indicates the percentage of the company's profits that Garmin distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
46.80 %
Jan 1, 2022
56.43 %
Jan 1, 2023
43.60 %
Jan 1, 2024
40.91 %
Jan 1, 2025
40.18 %
Jan 1, 2026 (e)
41.21 %
Jan 1, 2027 (e)
40.24 %
Jan 1, 2028 (e)
38.34 %

Dividend Details

Understanding Garmin's Dividend Distributions

Garmin’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Garmin's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Garmin's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Garmin’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Garmin Stock analysis

What does Garmin do? Garmin Ltd. is a company that specializes mainly in the production of GPS devices and other navigation solutions. The company was founded in 1989 by Gary Burrell and Min Kao in Kansas, USA and is headquartered in Schaffhausen, Switzerland. Garmin is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Garmin stock

Over the past 12 months, Garmin paid a dividend of 3.45 USD . This corresponds to a dividend yield of about 1.19 %. For the coming 12 months, Garmin is expected to pay a dividend of 4.54 USD.

The current dividend yield of Garmin is 1.19 %.

Garmin pays a dividend, distributed in the months of December, March, June, September.

Garmin paid dividends every year for the past 23 years.

For the upcoming 12 months, dividends amounting to 4.54 USD are expected. This corresponds to a dividend yield of 1.55 %.

Garmin is assigned to the 'Cyclical consumption' sector.

In the year 2025, Garmin distributed 3.45 USD as dividends.

The dividends of Garmin are distributed in USD.

Dividend calendar 2026

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