Garmin Ltd. (GRMN) Declares $0.53 Dividend Payment; 3.1% Yield

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Go back to Garmin Ltd. (GRMN) Declares $0.53 Dividend Payment; 3.1% Yield

Garmin® confirms September 28 dividend payment

August 31, 2018 7:00 AM EDT

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 28, 2018 as the payment date for the next dividend installment of $0.53 per share with a record date of September 14, 2018. At the 2018 annual shareholders meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.12 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to the USD), payable in four equal installments on dates to be determined by the Board in its discretion. The first... More