Garmin Ltd (GRMN)
Garmin Ltd. is a technology company specializing in the design and manufacturing of GPS navigation and wearable technology products. Known for its innovative solutions in outdoor, fitness, aviation, marine, and automotive markets, Garmin offers a wide range of devices including smartwatches, fitness trackers, aviation avionics, and marine chartplotters. The company focuses on integrating advanced GPS technology to enhance user experience across various applications.
Dividend History
Investors can expect a dividend payout of $0.90 per share, scheduled to be distributed in 188 days on March 27, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 27, 2026 | $0.90 | 2026-03-13 | 2026-03-13 |
| December 26, 2025 | $0.90 | 2025-12-12 | 2025-12-12 |
| September 26, 2025 | $0.90 | 2025-09-12 | 2025-09-12 |
| June 27, 2025 | $0.90 | 2025-06-16 | 2025-06-16 |
| March 28, 2025 | $0.75 | 2025-03-14 | 2025-03-14 |
Dividends Summary
- Garmin Ltd has issued 67 dividend payments over the past 23 years
- The most recent dividend was paid 85 days ago, on June 27, 2025
- The highest dividend payed out to investors during this period was $1.5 per share
- The average dividend paid during this period was $0.61 per share.
Company News
GoPro launched an AI initiative allowing users to monetize their video content, which has driven stock gains, but the company continues to face financial challenges and competitive pressures in the camera market.
The global running gear market is projected to grow from USD 45.30 billion in 2024 to USD 69.05 billion by 2032, driven by increasing health awareness, fitness culture, and technological innovations in wearable devices.
Garmin reported strong Q2 2025 financial results with record revenues of $1.81 billion, a 20% year-over-year increase. All business segments showed double-digit growth, and the company raised its full-year guidance, projecting $7.1 billion in revenue and $8.00 pro forma EPS.
Garmin reported a strong Q2 2025 with 20% revenue growth to $1.815 billion, beating analyst estimates. The company saw significant growth in fitness and outdoor segments, raised its full-year guidance, and acquired MYLAPS, a sports technology company.
Garmin's marine offerings, including the expanded Force Kraken trolling motor series and new Panoptix PS22-IF Ice Fishing Bundle, are driving growth in the company's marine segment. The global marine electronics market is expected to reach $8.13 billion by 2030, and Garmin is well-positioned to capitalize on this growth opportunity.
