Garmin Ltd. (GRMN) Declares $0.51 Quarterly Dividend; 5% Yield

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GarminĀ® Confirms September 30 Dividend Payment

August 4, 2015 3:14 PM EDT

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- The Garmin Ltd.(GRMN) board of directors has established September 30, 2015 as the payment date for the next dividend installment of $0.51 per share with a record date of September 15, 2015, per the approval previously provided at the 2015 annual shareholders meeting. At the 2015 annual meeting Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.04 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs), payable in four equal installments on dates to be determined by the board in its discretion. The first payment... More