Garmin shareholders approve quarterly dividend through March 2027

Rhea-AI Summary

Garmin (NYSE:GRMN) shareholders approved a cash dividend of $4.20 per share, payable in four equal quarterly installments through March 2027. Each installment is $1.05 per share.

The Board set the June 2026 dividend record date as June 15, 2026, with payment on June 26, 2026, and outlined expected record and payment dates for the September and December 2026 and March 2027 installments.

AI-generated analysis. Not financial advice.

Positive

• Shareholders approve $4.20 per share cash dividend through March 2027
• Quarterly dividend installments of $1.05 per share provide schedule visibility
• Specific 2026–2027 record and payment dates support dividend planning for investors

Negative

• None.

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Company announces record date and payment date for June 2026 dividend installment

SCHAFFHAUSEN, Switzerland, June 5, 2026 /PRNewswire/ -- At Garmin Ltd.'s annual shareholders' meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $4.20 per share, payable in four equal installments. The Board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of the remaining quarterly dividend installments as follows:

Dividend Payment Date	Record Date	Dividend Per Share
June 26, 2026	June 15, 2026	$1.05
September 25, 2026	September 11 2026	$1.05
December 24, 2026	December 11, 2026	$1.05
March 26, 2027	March 12, 2027	$1.05

About Garmin Ltd: 

Engineered on the inside for life on the outside, Garmin products have revolutionized the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Garmin Ltd. (NYSE: GRMN) is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual Newsroom, email our press team, or follow us on LinkedIn.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors that are described in the Annual Report on Form 10-K for the year ended December 27, 2025 filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118).  A copy of Garmin's 2025 Form 10-K can be downloaded from https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:	Corporate Communications Contact:
Teri Seck	Krista Klaus
+1 913 397 8200	+1 913 397 8200
investor.relations@garmin.com	media.relations@garmin.com

 

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SOURCE Garmin Ltd.

FAQ

What quarterly dividend did Garmin (GRMN) shareholders approve in June 2026?

Garmin shareholders approved a cash dividend of $4.20 per share, payable in four equal quarterly installments. According to Garmin, each installment will be $1.05 per share, scheduled from June 2026 through March 2027 with defined record and payment dates.

When is the record date and payment date for Garmin’s June 2026 dividend (GRMN)?

Garmin’s June 2026 dividend record date is June 15, 2026, with payment on June 26, 2026. According to Garmin, this June installment represents $1.05 per share, the first of four equal quarterly dividend payments totaling $4.20 per share.

What is Garmin’s dividend payment schedule through March 2027 for GRMN shareholders?

Garmin plans four $1.05 per share payments on June 26, September 25, and December 24, 2026, and March 26, 2027. According to Garmin, corresponding record dates are June 15, September 11, and December 11, 2026, and March 12, 2027, totaling $4.20 per share.

How much will Garmin (GRMN) pay per share in each 2026–2027 dividend installment?

Garmin will pay $1.05 per share in each of four quarterly dividend installments. According to Garmin, these payments in June, September, and December 2026 and March 2027 together equal a total approved cash dividend of $4.20 per share.

Until what date is Garmin’s current dividend approval valid for GRMN shareholders?

Garmin’s approved dividend schedule currently extends through the March 26, 2027 payment date. According to Garmin, shareholders authorized a $4.20 per share cash dividend, to be distributed in four equal $1.05 quarterly installments ending in March 2027.