Garmin Ltd. (GRMN) Declares $0.57 Quarterly Dividend; 2.4% Yield

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Go back to Garmin Ltd. (GRMN) Declares $0.57 Quarterly Dividend; 2.4% Yield

Garmin® confirms December 31 dividend payment

December 2, 2019 1:14 PM EST

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2019 as the payment date for the next dividend installment of $0.57 per share with a record date of December 16, 2019. At the 2019 annual shareholders meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.28 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 and... More