Garmin Ltd. (GRMN) Declares $0.61 Quarterly Dividend; 2.5% Yield

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Go back to Garmin Ltd. (GRMN) Declares $0.61 Quarterly Dividend; 2.5% Yield

Garmin® shareholders approve quarterly dividend through March 2021 and Garmin announces record date and payment date for June 2020 dividend installment

June 5, 2020 2:41 PM EDT

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- At Garmin Ltd.s (Nasdaq: GRMN) annual shareholders meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.44 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. The Board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of the remaining quarterly dividends as... More