Garmin Ltd. (GRMN) Dividends

Garmin Ltd. (GRMN): $94.27

-0.05 (-0.05%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, GRMN has an EBITDA to net debt ratio of 1,311,690,000, ranking above 96.82% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • Free cash flow for GRMN has increased for the 5th straight quarter.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with GRMN's price: NGVC, RPRX, WPG, ODC and CVGW.
GRMN Ex-Dividend Date
GRMN Dividend Yield
3.10%
GRMN Annual Dividend
$2.92
GRMN Payout Ratio

GRMN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$94.27$83.33 -28.09%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of GRMN, the DDM model generated by StockNews estimates a return of negative 28.09% in comparison to its current price. To help understand and contextualize the model's evaluation of GRMN, investors may wish to consider are:

  • In comparison to other stocks in the Technology sector, Garmin Ltd offers a higher dividend yield than 74.8% of them.
  • In comparison to other US listed dividend yielding stocks in the Technology sector, the expected return of -28.09%, based on the stock's current share price and target price based on a dividend discount model, is greater than 72.44% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, Garmin Ltd bears a discount rate, according to our calculations, lower than 72.44% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Garmin Ltd, its beta is lower than 28.81% of dividend issuing stocks we observed.

GRMN Dividend Chart


GRMN Dividend History

Ex-Dividend Date Type Payout Amount Change
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GRMN Dividends vs. Peers

GRMN's dividend yield currently ranks #7 of 64 vs. its peers in the Technology - Hardware category.
Rank Symbol Name Dividend Yield
1 LNVGY Lenovo Group Ltd. ADR 9.14%
2 STX Seagate Technology Holdings PLC 5.25%
3 PBI Pitney Bowes Inc. 5.22%
4 CMTL Comtech Telecommunications Corp. 3.38%
5 HPQ HP Inc. 3.35%
6 CAJ Canon Inc. ADR 3.13%
7 GRMN Garmin Ltd. 3.09%
8 NTAP NetApp Inc. 2.94%
9 DELL Dell Technologies Inc 2.94%
10 SHCAY Sharp Corporation 2.84%
11 PCRFY Panasonic Holdings Corp. ADR 1.71%
12 SPMYY Spirent Communications plc 1.24%
13 MRAAY Murata Manufacturing Co. Ltd. ADR 1.23%
14 TOSYY Toshiba Corp. ADR 1.06%
15 OLED Universal Display Corporation 1.06%
16 SEKEY Seiko Epson Corporation 1.04%
17 RICOY Ricoh Company, Ltd. 0.93%
18 KYO Kyocera Corporation 0.84%
19 TTDKY TDK Corp. ADR 0.71%
20 AAPL Apple Inc. 0.62%
21 MNBEY MINEBEA MITSUMI INC. 0.58%
22 NJDCY Nidec Corp. ADR 0.50%
23 VWDRY Vestas Wind Systems A/S ADR 0.12%
24 VISL Vislink Technologies, Inc. 0.00%
25 NEON Neonode Inc. 0.00%
26 RGTI Rigetti Computing Inc. 0.00%
27 TECD Tech Data Corporation 0.00%
28 LOGI Logitech International S.A. 0.00%
29 EFII Electronics for Imaging, Inc. 0.00%
30 WDC Western Digital Corp. 0.00%
31 DVMT Dell Technologies Inc. Class V 0.00%
32 ALOT AstroNova, Inc. 0.00%
33 LPTH LightPath Technologies, Inc. - 0.00%
34 SGMA SigmaTron International, Inc. 0.00%
35 ELSE Electro-Sensors, Inc. 0.00%
36 LTRX Lantronix, Inc. 0.00%
37 SCKT Socket Mobile, Inc. 0.00%
38 CRAY Cray Inc 0.00%
39 NXTD NXT-ID Inc. 0.00%
40 MSDI Monster Digital, Inc. 0.00%
41 KODK Eastman Kodak Co. 0.00%
42 SMIT Schmitt Industries, Inc. 0.00%
43 GPRO GoPro, Inc. - 0.00%
44 CRCT Cricut, Inc. 0.00%
45 MICT MICT, Inc. 0.00%
46 FCUV Focus Universal Inc. 0.00%
47 MIND Mitcham Industries, Inc. 0.00%
48 CYBE CyberOptics Corporation 0.00%
49 DAKT Daktronics, Inc. 0.00%
50 STRC Sarcos Technology and Robotics Corporation 0.00%
51 WISA Summit Wireless Technologies, Inc. 0.00%
52 IONQ IonQ, Inc. 0.00%
53 MSN Emerson Radio Corporation 0.00%
54 KOPN Kopin Corporation 0.00%
55 ACFN Acorn Energy 0.00%
56 FATH Fathom Digital Manufacturing Corp. 0.00%
57 KVHI KVH Industries, Inc. 0.00%
58 CAN Canaan Inc. ADR 0.00%
59 CRSR Corsair Gaming, Inc. 0.00%
60 QMCO Quantum Corporation 0.00%
61 ITI Iteris, Inc. 0.00%
62 TACT TransAct Technologies Incorporated 0.00%
63 VSBGF VSBLTY Groupe Technologies Corp. 0.00%
64 VTKLY VTech Holdings Limited 0.00%

Looking for More Information on GRMN dividends?

Want to see what other sources are saying about Garmin Ltd's dividends? Try the links below:

Garmin Ltd Common Stock (GRMN) Dividend History | Nasdaq
Dividend History for Garmin Ltd (GRMN) - Dividend Investor
Garmin Ltd (GRMN) Dividend History - Seeking Alpha

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