Garmin Ltd. (GRMN) Declares $0.51 Quarterly Dividend; 5.4% Yield

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GarminĀ® Confirms December 31 Dividend Payment

December 1, 2015 7:01 PM EST

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2015 as the payment date for the next dividend installment of $0.51 per share with a record date of December 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... More