Trailing Dividend / Share
$3.43
Garmin Ltd. (GRMN) Dividend History
Income profile from 2003 to 2027 with payout safety and yield-on-cost trend
Dividend Yield
1.5%
Payout Ratio
39.9%
Sustainable
Dividend Streak
8 years
GRMN Dividend Income Check
Safety
39.9% payout ratio with sustainable safety profile.
Consistency
8 straight years of dividend increases.
Income Trend
Yield on cost is 2.9% and trend is rising.
GRMN Dividend Scorecard
Yield & Income
Dividend Yield1.5%
Trailing DPS$3.43
FrequencyAnnual
Payments / 12M7
Payout Safety
Earnings Payout39.9%
Earnings SafetySustainable
FCF Payout45.6%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak8 years
3Y CAGR6.5%
5Y CAGR7.5%
Yield on Cost (5Y)2.9%
YOC Trendrising
Total Returns
Buyback Yield0.5%
Total Shareholder Yield2.0%
1Y Total Return20.0%
5Y Total Return78.9%
Div Contribution (5Y)11.1%
Estimated $10K growth (return + dividends):
5Y ago$17,89510Y ago$61,33120Y ago$58,310
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
GRMN Income Growth Story
Dividend per share and yield on cost over time (25 years of payments)
GRMN Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Garmin Ltd. distributes 39.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 45.6%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
GRMN has raised its dividend for 8 consecutive years, with a 3-year CAGR of 6.5% and 5-year CAGR of 7.5%.
Total Shareholder Returns
Beyond cash dividends, GRMN returns capital through share repurchases. The combined picture: 1.5% dividend yield, 0.5% buyback yield, 2.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.9% and is currently rising. The 5-year total return is 78.9%, with dividends contributing 11.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $61,331 today.
GRMN Recent Dividend Payments
Last 20 payments · Annual
TTM Total$16.64
Avg/Payment$0.8320
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 12, 2027Latest | $1.0500 | — | 1.78% | Mar 26, 2027 |
| Dec 11, 2026 | $1.0500 | — | 1.71% | Dec 24, 2026 |
| Sep 11, 2026 | $1.0500 | — | 1.65% | Sep 25, 2026 |
| Jun 15, 2026 | $1.0500 | ↑ +16.7% | 1.57% | Jun 26, 2026 |
| Mar 13, 2026 | $0.9000 | — | 1.54% | Mar 27, 2026 |
| Dec 12, 2025 | $0.9000 | — | 1.66% | Dec 26, 2025 |
| Sep 12, 2025 | $0.9000 | — | 1.39% | Sep 26, 2025 |
| Jun 16, 2025 | $0.9000 | ↑ +20.0% | 1.54% | Jun 27, 2025 |
GRMN Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
1.5%
#4 of 6
Safety
Sustainable
39.9% payout
Streak
8Y
7.5% 5Y CAGR
Total Shareholder
2.0%
#6 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| GRMNGarmin Ltd. | $45.2B | 1.5% | 39.9% | 8 | Sustainable |
 POWIPower Integrations, … | $4.9B | 1.0% | 2.1% | 13 | Sustainable |
 AAPLApple Inc. | $4.4T | 0.3% | 13.8% | 13 | Sustainable |
2nd  FITBFifth Third Bancorp | $35.3B | 3.3% | 46.1% | 15 | Sustainable |
3rd  QCOMQUALCOMM Incorporate… | $238.3B | 1.5% | 68.7% | 22 | Watch |
1st  SWKSSkyworks Solutions, … | $10.9B | 3.8% | 90.7% | 12 | At Risk |
GRMN Annual Dividend History (1999–2027)
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2027 | $1.05 | -74.1% | 1 | — | — | — | 0.9% |
| 2026YTD | $4.05 | — | 4 | — | — | — | 3.4% |
| 2025 | $3.45 | 15.8% | 4 | $8.59 | 40.2% | 2.49x | 2.9% |
| 2024 | $2.98 | 2.1% | 4 | $7.30 | 40.8% | 2.45x | 2.5% |
| 2023 | $2.92 | 2.1% | 4 | $6.71 | 43.5% | 2.30x | 2.5% |
| 2022 | $2.86 | 9.2% | 4 | $5.04 | 56.7% | 1.76x | 2.4% |
| 2021 | $2.62 | 9.2% | 4 | $5.61 | 46.7% | 2.14x | 2.2% |
| 2020 | $2.40 | 7.1% | 4 | $5.17 | 46.4% | 2.15x | 2.0% |
| 2019 | $2.24 | 6.7% | 4 | $4.99 | 44.9% | 2.23x | 1.9% |
| 2018 | $2.10 | 2.9% | 4 | $3.66 | 57.4% | 1.74x | 1.8% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into GRMN consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
23+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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GRMN — Frequently Asked Questions
Quick answers to the most common questions about buying GRMN stock.
How much dividend does GRMN pay per share?
Garmin Ltd. (GRMN) pays a trailing 12-month dividend of $3.43 per share, with a current dividend yield of +1.5%. Payments are made Annual.
When is GRMN's next ex-dividend date?
GRMN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GRMN typically pays dividends Annual.
Is GRMN's dividend safe?
GRMN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +39.9% and FCF payout ratio of +45.6%. The 8-year growth streak provides moderate confidence.
Is GRMN a Dividend Payer?
Yes, Garmin Ltd. is classified as a Dividend Payer with 8 consecutive years of dividend increases. The 5-year dividend CAGR is +7.5%, demonstrating above-inflation dividend growth.
How often does GRMN pay dividends?
Garmin Ltd. pays dividends Annual. The trailing 12-month total is $3.43 per share. Dividend data on this page covers 24+ years from 2003 to 2027.
How much would $10,000 invested in GRMN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GRMN five years ago would be worth approximately $17,895 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GRMN's yield on cost for long-term holders?
GRMN's yield on cost — the current dividend divided by the original purchase price — is +2.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.5% market yield, thanks to consistent dividend growth.