Garmin (GRMN) Dividend History & Yield
Garmin (GRMN) has increased its dividend for 9 consecutive years and currently yields 1.51%. The most recent payment was $1.0500/share on Mar 12, 2027, paid Quarterly.
GRMN
Current Yield
1.51%
TTM Dividend/Share
$3.60
Payment Frequency
Quarterly
Payout Ratio
39.9%
Consecutive Growth Years
9
Div Growth (1Y CAGR)
15.77%
Div Growth (5Y CAGR)
7.53%
Div Growth (10Y CAGR)
5.55%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 39.9%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($7.08) covers dividend/share ($3.60).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 9 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 12, 2027
- Payment date
- Mar 26, 2027
- Dividend
- $1.0500
- Adj. dividend
- $1.0500
- Yield (ex-date)
- 1.77%
Ex-date Dec 11, 2026
- Payment date
- Dec 24, 2026
- Dividend
- $1.0500
- Adj. dividend
- $1.0500
- Yield (ex-date)
- 1.70%
Ex-date Sep 11, 2026
- Payment date
- Sep 25, 2026
- Dividend
- $1.0500
- Adj. dividend
- $1.0500
- Yield (ex-date)
- 1.64%
Ex-date Jun 15, 2026
- Payment date
- Jun 26, 2026
- Dividend
- $1.0500
- Adj. dividend
- $1.0500
- Yield (ex-date)
- 1.58%
Ex-date Mar 13, 2026
- Payment date
- Mar 27, 2026
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
- Yield (ex-date)
- 1.54%
Ex-date Dec 12, 2025
- Payment date
- Dec 26, 2025
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
- Yield (ex-date)
- 1.66%
Ex-date Sep 12, 2025
- Payment date
- Sep 26, 2025
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
- Yield (ex-date)
- 1.39%
Ex-date Jun 16, 2025
- Payment date
- Jun 27, 2025
- Dividend
- $0.9000
- Adj. dividend
- $0.9000
- Yield (ex-date)
- 1.54%
Ex-date Mar 14, 2025
- Payment date
- Mar 28, 2025
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 1.40%
Ex-date Dec 13, 2024
- Payment date
- Dec 27, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 1.38%
Ex-date Sep 13, 2024
- Payment date
- Dec 27, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 1.71%
Ex-date Jun 17, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 1.83%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 12, 2027 | Mar 26, 2027 | $1.0500 | $1.0500 | 1.77% |
| Dec 11, 2026 | Dec 24, 2026 | $1.0500 | $1.0500 | 1.70% |
| Sep 11, 2026 | Sep 25, 2026 | $1.0500 | $1.0500 | 1.64% |
| Jun 15, 2026 | Jun 26, 2026 | $1.0500 | $1.0500 | 1.58% |
| Mar 13, 2026 | Mar 27, 2026 | $0.9000 | $0.9000 | 1.54% |
| Dec 12, 2025 | Dec 26, 2025 | $0.9000 | $0.9000 | 1.66% |
| Sep 12, 2025 | Sep 26, 2025 | $0.9000 | $0.9000 | 1.39% |
| Jun 16, 2025 | Jun 27, 2025 | $0.9000 | $0.9000 | 1.54% |
| Mar 14, 2025 | Mar 28, 2025 | $0.7500 | $0.7500 | 1.40% |
| Dec 13, 2024 | Dec 27, 2024 | $0.7500 | $0.7500 | 1.38% |
| Sep 13, 2024 | Dec 27, 2024 | $0.7500 | $0.7500 | 1.71% |
| Jun 17, 2024 | Jun 28, 2024 | $0.7500 | $0.7500 | 1.83% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Garmin has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 9 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.4500 | — | — |
| 2025 | $2.9800 | $3.4500 | +15.8% |
| 2024 | $2.9200 | $2.9800 | +2.1% |
| 2023 | $2.8600 | $2.9200 | +2.1% |
| 2022 | $2.6200 | $2.8600 | +9.2% |
| 2021 | $2.4000 | $2.6200 | +9.2% |
| 2020 | $2.2400 | $2.4000 | +7.1% |
| 2019 | $2.1000 | $2.2400 | +6.7% |
| 2018 | $2.0400 | $2.1000 | +2.9% |
| 2017 | $2.0400 | $2.0400 | 0.0% |
| 2016 | $2.0100 | $2.0400 | +1.5% |
| 2015 | $1.8900 | $2.0100 | +6.3% |
| 2014 | $1.8000 | $1.8900 | +5.0% |
| 2013 | $1.7500 | $1.8000 | +2.9% |
| 2012 | — | $1.7500 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Garmin pay dividends?
- Yes, Garmin (GRMN) pays quarterly dividends of approximately $3.60 per share annually, yielding 1.51%.
What is Garmin's dividend yield?
- Garmin (GRMN) has a current dividend yield of 1.51%.
Is Garmin's dividend safe?
- Garmin (GRMN) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Garmin increased its dividend?
- Garmin (GRMN) has 9 consecutive years of dividend increases.
What is Garmin's dividend payout ratio?
- Garmin (GRMN) has a dividend payout ratio of 39.9%.
Explore more
GRMN — Overview
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GRMN — Dividend Calculator
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GRMN — Dividend Forecast
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