Garmin (GRMN) Dividend Capture: 0.45% per event (1.6% annualized)
GRMN
Garmin (GRMN) has touched its pre-ex close within 30 trading days in 95% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.28), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, GRMN sits roughly in line with the Technology sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next confirmed ex-dividend date is Jun 15, 2026, with an expected dividend of $1.05.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.28+0.12 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.28+0.12 vs sector
- Avg gap on ex-date
- -0.54%-0.21pp vs sector
- Win rate at MOC exit
- 40%
- Median drawdown during hold
- -3.93%+0.77pp vs sector
- Best / worst touch (days)
- 1 / 12
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $1.05
- Per-event yield
- 0.45%
- Annualized yield
- 1.60%
- Previously paid
- Mar 13, 2026 ($0.90)
- Last record date
- Mar 13, 2026
- Last payment date
- Mar 27, 2026
How GRMN ranks in Technology
Compared with other stocks in this sector that pass our capture-quality filter (48 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#22of 48
Beats ~54% of peers on this metric
- Median days to touch#1of 48
Beats ~98% of peers on this metric
- Signal-to-noise#8of 48
Beats ~83% of peers on this metric
GRMN Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Garmin (GRMN). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.90 | 0.44% | $235.86 | 1 | yes | yes | -2.87% | -1.10% | |
| Q4 | $0.90 | -0.05% | $210.79 | 1 | yes | yes | -4.87% | -3.92% | |
| Q3 | $0.90 | -0.85% | $241.18 | 12 | no | yes | -3.38% | -2.14% | |
| Q2 | $0.90 | 0.45% | $201.32 | 1 | yes | yes | -1.97% | +2.31% | |
| Q1 | $0.75 | 0.54% | $209.37 | 1 | yes | yes | -2.26% | +0.75% | |
| Q4 | $0.75 | 0.03% | $215.97 | 1 | yes | yes | -5.69% | -2.88% | |
| Q3 | $0.75 | -5.22% | $182.76 | >30 | no | no | -7.98% | -6.02% | |
| Q2 | $0.75 | -0.39% | $159.53 | 1 | yes | yes | -0.72% | +0.96% | |
| Q1 | $0.73 | -0.22% | $148.35 | 1 | yes | yes | -2.04% | +0.35% | |
| Q4 | $0.73 | -0.05% | $126.89 | 4 | yes | yes | -1.51% | +0.99% | |
| Q3 | $0.73 | -0.04% | $106.48 | 1 | yes | yes | -3.60% | -0.67% | |
| Q2 | $0.73 | 0.12% | $106.15 | 1 | yes | yes | -4.91% | -2.77% | |
| Q1 | $0.73 | 1.06% | $95.93 | 1 | yes | yes | -1.67% | +2.25% | |
| Q4 | $0.73 | -0.86% | $96.86 | 1 | yes | yes | -7.86% | -4.20% | |
| Q3 | $0.73 | -0.71% | $88.80 | 1 | yes | yes | -8.78% | -4.14% | |
| Q2 | $0.73 | -2.62% | $96.98 | 4 | yes | yes | -4.59% | +4.00% | |
| Q1 | $0.67 | -0.85% | $109.80 | 2 | yes | yes | -1.56% | +6.89% | |
| Q4 | $0.67 | -1.11% | $134.69 | 2 | yes | yes | -4.94% | -0.88% | |
| Q3 | $0.67 | 0.20% | $171.25 | 1 | yes | yes | -5.24% | -2.50% | |
| Q2 | $0.67 | -0.76% | $144.76 | 12 | no | yes | -4.26% | -1.44% |
Q1
- Dividend
- $0.90
- Gap %
- 0.44%
- Pre-ex close
- $235.86
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.87%
- P&L 5d %
- -1.10%
Q4
- Dividend
- $0.90
- Gap %
- -0.05%
- Pre-ex close
- $210.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.87%
- P&L 5d %
- -3.92%
Q3
- Dividend
- $0.90
- Gap %
- -0.85%
- Pre-ex close
- $241.18
- High touch (td)
- 12
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -3.38%
- P&L 5d %
- -2.14%
Q2
- Dividend
- $0.90
- Gap %
- 0.45%
- Pre-ex close
- $201.32
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.97%
- P&L 5d %
- +2.31%
Q1
- Dividend
- $0.75
- Gap %
- 0.54%
- Pre-ex close
- $209.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.26%
- P&L 5d %
- +0.75%
Q4
- Dividend
- $0.75
- Gap %
- 0.03%
- Pre-ex close
- $215.97
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.69%
- P&L 5d %
- -2.88%
Q3
- Dividend
- $0.75
- Gap %
- -5.22%
- Pre-ex close
- $182.76
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -7.98%
- P&L 5d %
- -6.02%
Q2
- Dividend
- $0.75
- Gap %
- -0.39%
- Pre-ex close
- $159.53
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.72%
- P&L 5d %
- +0.96%
Q1
- Dividend
- $0.73
- Gap %
- -0.22%
- Pre-ex close
- $148.35
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.04%
- P&L 5d %
- +0.35%
Q4
- Dividend
- $0.73
- Gap %
- -0.05%
- Pre-ex close
- $126.89
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.51%
- P&L 5d %
- +0.99%
Q3
- Dividend
- $0.73
- Gap %
- -0.04%
- Pre-ex close
- $106.48
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.60%
- P&L 5d %
- -0.67%
Q2
- Dividend
- $0.73
- Gap %
- 0.12%
- Pre-ex close
- $106.15
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.91%
- P&L 5d %
- -2.77%
Q1
- Dividend
- $0.73
- Gap %
- 1.06%
- Pre-ex close
- $95.93
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.67%
- P&L 5d %
- +2.25%
Q4
- Dividend
- $0.73
- Gap %
- -0.86%
- Pre-ex close
- $96.86
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.86%
- P&L 5d %
- -4.20%
Q3
- Dividend
- $0.73
- Gap %
- -0.71%
- Pre-ex close
- $88.80
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -8.78%
- P&L 5d %
- -4.14%
Q2
- Dividend
- $0.73
- Gap %
- -2.62%
- Pre-ex close
- $96.98
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.59%
- P&L 5d %
- +4.00%
Q1
- Dividend
- $0.67
- Gap %
- -0.85%
- Pre-ex close
- $109.80
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.56%
- P&L 5d %
- +6.89%
Q4
- Dividend
- $0.67
- Gap %
- -1.11%
- Pre-ex close
- $134.69
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.94%
- P&L 5d %
- -0.88%
Q3
- Dividend
- $0.67
- Gap %
- 0.20%
- Pre-ex close
- $171.25
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.24%
- P&L 5d %
- -2.50%
Q2
- Dividend
- $0.67
- Gap %
- -0.76%
- Pre-ex close
- $144.76
- High touch (td)
- 12
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -4.26%
- P&L 5d %
- -1.44%
GRMN Pre-Ex Touch Time Distribution
- ≤ 1 day1365%
- 2–3 days210%
- 4–5 days210%
- 6–10 days00%
- 11–30 days210%
- 30+15%
65% within 1d · 85% within 5d · 95% within 30d
GRMN Dividend Capture Calculator — After-Tax Yield
Pre-filled with GRMN's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.
- Gross dividend
- $210.00
- After-tax dividend
- $136.50
- Slippage round-trip
- -$47.17
- Net if price returns to pre-ex
- +$89.33
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.19%
- Annual if all succeed
- ~9.5%
GRMN Dividend Capture Backtest Simulator
Replay every historical GRMN ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · GRMN (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| -1.44% | |
| +0.39% | |
| +0.50% | |
| +0.61% | |
| +0.75% | |
| +0.82% | |
| +0.75% | |
| +0.76% | |
| +0.69% | |
| +0.69% | |
| +0.58% | |
| +0.49% | |
| +0.47% | |
| -6.02% | |
| +0.35% | |
| +0.36% | |
| +0.45% | |
| -2.14% | |
| +0.43% | |
| +0.38% |
Looking for full price seasonality? See GRMN seasonality →
Frequently asked questions
What is the dividend capture success rate for GRMN?
Across the last 20 ex-dividend events for Garmin (GRMN), the post-ex intraday high reached the pre-ex close within 30 trading days in 95% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.
How long does it take GRMN to recover its dividend gap?
Historically, GRMN touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 12 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.
Is the dividend on GRMN large enough to capture?
GRMN has a signal-to-noise ratio of 0.28 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.
When is the next ex-dividend date for GRMN?
The next ex-dividend date for Garmin (GRMN) is Jun 15, 2026, confirmed (declared by the company).
How does GRMN compare to its sector for dividend capture?
Within Technology, the median 30-day pre-ex touch rate is 95%. GRMN sits at 95% — at or below the sector benchmark.
Why does GRMN dividend capture measure recovery via intraday high, not close?
A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".
How are dividend capture trades taxed in the US?
Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.
What are the main risks of a dividend capture strategy?
Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.