Garmin Reports Solid Fiscal 2017 Revenue and Operating Income Growth; Proposes Dividend Increase

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Go back to Garmin Reports Solid Fiscal 2017 Revenue and Operating Income Growth; Proposes Dividend Increase

Garmin Ltd. (GRMN) Declares $0.51 Quarterly Dividend; Plans Dividend Increase

February 21, 2018 8:01 AM EST

Garmin Ltd. (NASDAQ: GRMN) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. The dividend will be payable on March 30, 2018, to stockholders of record on March 15, 2018, with an ex-dividend date of March 14, 2018. The annual yield on the dividend is 3.1 percent.

The board of... More

Garmin Ltd. (GRMN) Tops Q4 EPS by 4c, FY Guidance Tops Views; to Raise Dividend

February 21, 2018 7:02 AM EST

Garmin Ltd. (NASDAQ: GRMN) reported Q4 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $888 million versus the consensus estimate of $870.21 million.

GUIDANCE:

Garmin Ltd. sees FY2018 EPS of $3.05, versus the consensus of $2.99. Garmin Ltd. sees FY2018 revenue of... More