Garmin Shareholders Approve Ongoing Dividend Payments
Garmin Ltd. held its annual shareholders' meeting, where significant decisions regarding the company’s dividend payments were made. The shareholders approved a cash dividend of $3.60 per share, structured to be distributed in four equal payments. This approval was granted in compliance with Swiss corporate law, a testament to Garmin's strong governance and commitment to delivering value to its investors.
Details of the Upcoming Dividend Schedule
The Board of Directors has laid out an anticipated schedule for the dividend payments, which are set to occur quarterly. The first of these payments is slated for June 27, 2025, with shareholders being officially recorded on June 16, 2025. Additionally, subsequent payments are scheduled for September 26, December 26, and March 27 of the year 2026, maintaining a consistency that shareholders greatly appreciate.
A Closer Look at Dividend Payment Dates
Here’s a brief overview of Garmin’s forthcoming dividend payment schedule:
- Payment Date: June 27, 2025 - Record Date: June 16, 2025 - Dividend Per Share: $0.90
- Payment Date: September 26, 2025 - Record Date: September 12, 2025 - Dividend Per Share: $0.90
- Payment Date: December 26, 2025 - Record Date: December 12, 2025 - Dividend Per Share: $0.90
- Payment Date: March 27, 2026 - Record Date: March 13, 2026 - Dividend Per Share: $0.90
About Garmin Ltd.
Garmin Ltd. is renowned for its innovative approach to creating products that enhance outdoor experiences, improve aviation systems, streamline automotive navigation, and foster fitness management. Their dedication to quality and continuous improvement demonstrates a commitment to ensuring that technology serves to elevate users' experiences. This approach has significantly transformed several industries, making Garmin a leader in the market.
Garmin's Global Presence
Incorporated in Switzerland, Garmin Ltd. boasts a robust international presence with key subsidiaries strategically located in the United States, Taiwan, and the United Kingdom. This geographical distribution allows Garmin to effectively serve various global markets, tailoring solutions to meet local needs while maintaining a cohesive brand identity.
Staying Connected with Garmin
Garmin encourages shareholders and potential investors to keep up-to-date with corporate developments, including news about dividends and future innovations. Interested parties can connect with Garmin's investor relations team for detailed insights and information related to their investments.
Contact Information for Investor Relations
For any investor-related inquiries, you can reach out to:
- Investor Relations Contact: Teri Seck (913/397-8200)
- Email: [email protected]
For communications regarding media relations, contact Krista Klaus at the same telephone number or email to reach out to [email protected].
Frequently Asked Questions
What is the amount of the approved dividend for Garmin shareholders?
The dividend approved for Garmin shareholders is $3.60 per share, distributed in four equal installments.
When will the first dividend payment occur?
The first dividend payment is scheduled for June 27, 2025, with a record date set for June 16, 2025.
How often will Garmin distribute dividends?
Garmin plans to distribute dividends quarterly, with specific payment dates announced for each installment.
Where is Garmin Ltd. incorporated?
Garmin Ltd. is incorporated in Switzerland and has subsidiaries in various countries including the United States, Taiwan, and the United Kingdom.
How can I contact Garmin's investor relations?
You can contact Garmin's investor relations via telephone at 913/397-8200 or email at [email protected]
