Garmin Ltd. (GRMN) Raises Quarterly Dividend 6.3% to $0.51; 4.5% Yield
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Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.8%
Revenue Growth %: +8.7%
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Garmin Ltd. (NASDAQ: GRMN) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. This is a 6.3% increase from the prior dividend of $0.48.
The dividend will be payable on June 30, 2015, to stockholders of record on June 16, 2015, with an ex-dividend date of June 12, 2015.
The annual yield on the dividend is 4.5 percent.
The board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of the remaining quarterly dividends as follows:
Dividend Date | Record Date | $s per share | ||||||||||
| June 30, 2015 | June 16, 2015 | $0.51 | ||||||||||
| September 30, 2015 | September 15, 2015 | $0.51 | ||||||||||
| December 31, 2015 | December 15, 2015 | $0.51 | ||||||||||
| March 31, 2016 | March 15, 2016 | $0.51 |
For a dividend history and other dividend-related data on Garmin Ltd. (GRMN) click here.
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