Garrett Motion Inc. Common Stock (GTX)
Garrett Motion Inc. is a global technology company specializing in turbocharging and boost systems for internal combustion engines. Established as a provider of innovative powertrain technologies, Garrett's products improve engine performance, fuel efficiency, and emissions. The company serves automotive, commercial vehicle, and industrial markets worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 16, 2025 | $0.06 | 2025-09-02 | 2025-09-02 |
| June 16, 2025 | $0.06 | 2025-06-02 | 2025-06-02 |
| January 31, 2025 | $0.06 | 2025-01-15 | 2025-01-15 |
Dividends Summary
- Garrett Motion Inc. Common Stock has issued 3 dividend payments over the past 0 years
- The most recent dividend was paid 4 days ago, on September 16, 2025
- The highest dividend payed out to investors during this period was $0.06 per share
- The average dividend paid during this period was $0.06 per share.
Company News
Garrett Motion successfully repriced its $690 million term loan, reducing interest rates by 25 basis points and improving its financial position and liquidity.
Garrett Motion reported Q2 2025 financial results with GAAP revenue of $913 million, exceeding analyst expectations. The company saw improved net income and is focusing on zero-emission vehicle technologies, with strategic investments in electric mobility solutions.
Garrett Motion reported a 14% year-over-year decline in Q3 sales, missing estimates due to weaker light vehicle demand in Europe and China. The company lowered its FY24 sales guidance, citing industry softness and competitive pressures.
KELYA, CLS, SLVM, GTX and SSL have been added to the Zacks Rank #1 (Strong Buy) List on June 25, 2024.