Garmin Ltd. (GRMN) Dividends

Garmin Ltd. (GRMN)

Today's Latest Price: $123.83 USD

0.05 (0.04%)

Updated Jan 22 4:00pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 52 in Technology - Hardware

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, GRMN has an EBITDA to net debt ratio of 1,118,026,000, ranking above 97.5% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • As for stocks whose price is uncorrelated with GRMN's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: NHTC, RMCF, SUPV, EBF and SNX.
GRMN Ex-Dividend Date
GRMN Dividend Yield
GRMN Annual Dividend
GRMN Payout Ratio

GRMN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$123.83$112.92 -5.52%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for GRMN, the dividend discount model StockNews created for the company implies a negative return of 5.52%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Garmin Ltd are:

  • In comparison to other US listed dividend yielding stocks in the Technology sector, the expected return of -5.52%, based on the stock's current share price and target price based on a dividend discount model, is greater than 75.4% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, GRMN has a discount rate lower than 75.4% of them (a lower discount rate is associated with lower risk).
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Garmin Ltd, its beta is lower than 79.28% 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 58 vs. its peers in the Technology - Hardware category.
Rank Symbol Name Dividend Yield
1 IBM International Business Machines Corporation 5.50%
2 XRX Xerox Corporation 4.75%
3 CAJ Canon, Inc. American Depositary Shares 3.50%
4 HPQ HP Inc. 3.09%
5 PBI Pitney Bowes Inc. 2.78%
6 SEKEY Seiko Epson Corporation 2.67%
7 GRMN Garmin Ltd. 1.97%
8 CMTL Comtech Telecommunications Corp. 1.68%
9 PHG Koninklijke Philips N.V. NY Registry Shares 1.67%
10 RICOY Ricoh Company, Ltd. 1.39%
11 LNVGY Lenovo Group Limited 1.25%
12 PCRFY Panasonic Corporation 1.13%
13 SPMYY Spirent Communications plc 1.05%
15 KYO Kyocera Corporation 0.84%
16 TTDKY TDK Corporation 0.82%
17 TOSYY Toshiba Corporation 0.80%
18 MRAAY Murata Manufacturing Co., Ltd. 0.71%
19 AAPL Apple Inc. 0.59%
20 NJDCY Nidec Corporation 0.35%
21 VWDRY Vestas Wind Systems A/S 0.30%
22 OLED Universal Display Corporation 0.24%
23 NEON Neonode Inc. 0.00%
24 PLT Plantronics, Inc. 0.00%
25 TECD Tech Data Corporation 0.00%
26 LOGI Logitech International S.A. - Registered Shares 0.00%
27 EFII Electronics for Imaging, Inc. 0.00%
28 DVMT Dell Technologies Inc. Class V 0.00%
29 LPTH LightPath Technologies, Inc. - 0.00%
30 SGMA SigmaTron International, Inc. 0.00%
31 ELSE Electro-Sensors, Inc. 0.00%
32 LTRX Lantronix, Inc. 0.00%
33 SCKT Socket Mobile, Inc. 0.00%
34 CRAY Cray Inc 0.00%
35 NIU Niu Technologies 0.00%
36 NXTD NXT-ID Inc. 0.00%
37 DELL Dell Technologies Inc 0.00%
38 MSDI Monster Digital, Inc. 0.00%
39 KODK Eastman Kodak Company Common New 0.00%
40 GPRO GoPro, Inc. - 0.00%
41 SNPS Synopsys, Inc. 0.00%
42 MICT MICT, Inc. 0.00%
43 MIND Mitcham Industries, Inc. 0.00%
44 CYBE CyberOptics Corporation 0.00%
45 CDNS Cadence Design Systems, Inc. 0.00%
46 WISA Summit Wireless Technologies, Inc. 0.00%
47 MSN Emerson Radio Corporation 0.00%
48 ROKU Roku, Inc. - 0.00%
49 DGII Digi International Inc. 0.00%
50 KOPN Kopin Corporation 0.00%
51 KVHI KVH Industries, Inc. 0.00%
52 CAN CANAAN INC. 0.00%
53 SHCAY Sharp Corporation 0.00%
54 CRSR Corsair Gaming, Inc. 0.00%
55 ITI Iteris, Inc. 0.00%
56 NNDM Nano Dimension Ltd. ADR 0.00%
57 TACT TransAct Technologies Incorporated 0.00%
58 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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