Garmin shareholders approve quarterly dividend through March 2026

Rhea-AI Summary

Garmin Ltd. (GRMN) shareholders have approved a quarterly dividend program extending through March 2026. The company will distribute a total annual dividend of $3.60 per share, paid in four equal installments of $0.90 per share. The first payment is scheduled for June 27, 2025, with a record date of June 16, 2025. Subsequent payments are planned for September 26, 2025, December 26, 2025, and March 27, 2026, with their respective record dates. This dividend approval, made during the annual shareholders' meeting in Schaffhausen, Switzerland, demonstrates Garmin's commitment to returning value to shareholders through consistent quarterly distributions.

Positive

• Commitment to regular shareholder returns with $3.60 annual dividend
• Consistent quarterly dividend payments of $0.90 per share
• Long-term dividend visibility through March 2026

Negative

• None.

Company announces record date and payment date for June 2025 dividend installment

SCHAFFHAUSEN, Switzerland, June 6, 2025 /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 $3.60 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 27, 2025	June 16, 2025	$0.90
September 26, 2025	September 12 2025	$0.90
December 26, 2025	December 12, 2025	$0.90
March 27, 2026	March 13, 2026	$0.90

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 28, 2024 and the Quarterly Report on Form 10-Q for the quarter ended March 29, 2025 filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118).  A copy of Garmin's 2024 Form 10-K and the Q1 2025 Form 10-Q 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
913/397-8200	913/397-8200
investor.relations@garmin.com	media.relations@garmin.com

 

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SOURCE Garmin Ltd.

FAQ

What is Garmin's (GRMN) dividend amount per share for 2025-2026?

Garmin's total annual dividend is $3.60 per share, paid in four equal quarterly installments of $0.90 per share.

When is Garmin's next dividend payment date in 2025?

Garmin's next dividend payment is scheduled for June 27, 2025, with a record date of June 16, 2025.

How often does Garmin (GRMN) pay dividends?

Garmin pays dividends quarterly, with payments scheduled in June, September, December, and March.

What is the record date for Garmin's June 2025 dividend?

The record date for Garmin's June 2025 dividend payment is June 16, 2025.

How long is Garmin's current dividend program approved for?

Garmin's current dividend program is approved through March 2026, with the last payment scheduled for March 27, 2026.