Garmin Approves $4.20 Annual Dividend in Four $1.05 Quarterly Payments
GRMN•Garmin Ltd. shareholders approved a cash dividend of $4.20 per share payable in four $1.05 quarterly installments through March 2027. The June installment will be paid June 26, 2026 to shareholders of record on June 15, 2026, with subsequent payments in September, December and March 2027.
1. Shareholder Approval and Dividend Total
At its annual meeting today, Garmin Ltd. shareholders approved a cash dividend of $4.20 per share under Swiss corporate law, to be paid in four equal $1.05 installments through March 2027.
2. Dividend Schedule and Record Dates
The first $1.05 installment will be paid June 26, 2026 to shareholders of record on June 15, 2026; subsequent payments are scheduled September 25, 2026 (record September 11), December 24, 2026 (record December 11), and March 26, 2027 (record March 12).
3. Investor Impact and Financial Position
The quarterly payout underscores Garmin’s strong free cash flow generation and commitment to shareholder returns, offering income-focused investors clear visibility into upcoming distributions.
