Garmin Ltd. (GRMN) Declares $0.61 Quarterly Dividend; 2.4% Yield

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GarminĀ® confirms September 30 dividend payment

August 28, 2020 7:00 AM EDT

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 30, 2020 as the payment date for the next dividend installment of $0.61 per share with a record date of September 15, 2020. At the 2020 annual shareholders meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total 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 on dates to be determined by the Board in its discretion. The first... More