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Garmin® confirms September 28 dividend payment

Published August 31, 2018 07:00 AM EDT on BusinessWire

The Garmin Ltd. (Nasdaq: GRMN) board of directors has established September 28, 2018 as the payment date for the next dividend installment of $0.53 per share with a record date of September 14, 2018. At the 2018 annual shareholders’ meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.12 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to the USD), payable in four equal installments on dates to be determined by the Board in its discretion. The first payment was made on June 29, 2018. The Board currently anticipates the scheduling of the remaining quarterly dividend installments as follows:... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
GARMIN 85.52   22.0 3.88 2.28 2.72


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