GRMN - Dividend announcements

Company announces record date and payment date for June 2026 dividend installmentSCHAFFHAUSEN, Switzerland, June 5, 2026 /PRNewswire/ -- At Garmin Ltd.'s 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 $4.20 per share, 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 dividend installments as follows: Dividend Payment DateRecord DateDividend Per ShareJune 26, 2026Jun

Company reports record first quarter revenue and operating incomeSCHAFFHAUSEN, Switzerland, April 29, 2026 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the first quarter ended March 28, 2026. Highlights for first quarter 2026 include:Record consolidated revenue of approximately $1.75 billion, a 14% increase compared to the prior year quarterGross and operating margins expanded to 59.4% and 24.6% respectively, compared to the prior year quarterRecord operating income of $432 million, a 30% increase compared to the prior year quarterGAAP EPS of $2.09 and p

Reports record fourth quarter and full-year revenue and profit, proposes a 17% dividend increase, and announces new $500 million share repurchase programSCHAFFHAUSEN, Switzerland, Feb. 18, 2026 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the fourth quarter ended December 27, 2025. Highlights for fourth quarter 2025 include:Consolidated revenue of $2.12 billion, a 17% increase compared to the prior-year quarterGross margin of 59.2% compared to 59.3% in the prior-year quarterOperating margin expanded to 28.9% compared to 28.3% in the prior-year quarterOpe

Company reports record third quarter revenue and operating income, and raises full year EPS guidance SCHAFFHAUSEN, Switzerland, Oct. 29, 2025 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the third quarter ended September 27, 2025. Highlights for third quarter 2025 include: Record consolidated revenue of approximately $1.8 billion, a 12% increase compared to the prior year quarterGross and operating margins of 59.1% and 25.8% respectivelyRecord operating income of $457 million, a 4% increase compared to the prior year quarterGAAP EPS of $2.08 and pro f

Company reports record second quarter operating results and raises full year guidance SCHAFFHAUSEN, Switzerland, July 30, 2025 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the second quarter ended June 28, 2025. Highlights for second quarter 2025 include: Record consolidated revenue of $1.81 billion, a 20% increase compared to the prior year quarterGross margin expanded to 58.8% compared to 57.3% in the prior year quarterOperating margin expanded to 26.0% from 22.7% in the prior year quarterRecord operating income of $472 million, a 38% increase compar

Company announces record date and payment date for June 2025 dividend installment SCHAFFHAUSEN, Switzerland, June 6, 2025 /PRNewswire/ -- At Garmin Ltd.'s 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 $3.60 per share, 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 dividend installments as follows: Dividend Paym

Reports record full-year revenue and profit, and proposes a 20% dividend increase SCHAFFHAUSEN, Switzerland, Feb. 19, 2025 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the fourth quarter ended December 28, 2024. Highlights for fourth quarter 2024 include: Consolidated revenue of $1.82 billion, a 23% increase compared to the prior year quarterGross margin expanded to 59.3% from 58.3% in the prior year quarterOperating margin expanded to 28.3% compared to 23.0% in the prior year quarterOperating income was $516 million, a 52% increase compared to the pri

Company reports record second quarter revenue and raises full year guidance SCHAFFHAUSEN, Switzerland, July 31, 2024 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the second quarter ended June 29, 2024. Highlights for second quarter 2024 include: Consolidated revenue of $1.51 billion, a 14% increase compared to the prior year quarterGross and operating margins were 57.3% and 22.7%, respectivelyOperating income of $342 million, a 20% increase compared to the prior year quarterGAAP EPS of $1.56 and pro forma EPS(1) of $1.58, representing 9% growth in pro

Company announces record date and payment date for June 2024 dividend installment SCHAFFHAUSEN, Switzerland, June 7, 2024 /PRNewswire/ -- At Garmin Ltd.'s 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 $3.00 per share, 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 dividend installments as follows: Dividend Paym

Company reports record first quarter revenue and operating income SCHAFFHAUSEN, Switzerland, May 1, 2024 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the first quarter ended March 30, 2024. Highlights for first quarter 2024 include: Consolidated revenue of $1.38 billion, a 20% increase compared to the prior year quarterAchieved record first quarter revenue in four segmentsGross margin and operating margins expanded to 58.1% and 21.6%, respectively, compared to the prior year quarterOperating income of $298 million, a 51% increase compared to the prior

Company reports record full year revenue, proposes dividend increase, and announces share repurchase program SCHAFFHAUSEN, Switzerland, Feb. 21, 2024 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the fourth quarter ended December 30, 2023. Highlights for fourth quarter 2023 include: Consolidated revenue of $1.48 billion, a 13% increase compared to the prior year quarterGross margin expanded to 58.3% from 57.0% in the prior year quarterOperating margin was 23.0% compared to 20.5% in the prior year quarterOperating income was $340 million, a 27% increase

Returned to consolidated sales growth  SCHAFFHAUSEN, Switzerland, Aug. 2, 2023 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the second quarter ended July 1, 2023. Highlights for second quarter 2023 include: Consolidated revenue of $1.32 billion, a 6% increase compared to the prior year quarterGross margin and operating margin were 57.5%, and 21.5%Operating income was $284 million, a 3% decrease compared to the prior year quarterGAAP EPS was $1.50 and pro forma EPS(1) was $1.45, representing 1% growth in pro forma EPS over the prior year quarterLaunched

Company announces record date and payment date for June 2023 dividend installment SCHAFFHAUSEN, Switzerland, June 9, 2023 /PRNewswire/ -- At Garmin Ltd.'s 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 $2.92 per share, 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 dividend installments as follows: Dividend Date

Four segments post double-digit revenue growth SCHAFFHAUSEN, Switzerland, May 3, 2023 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the first quarter ended April 1, 2023. Highlights for first quarter 2023 include: Consolidated revenue of $1.15 billion, a 2% decrease compared to the prior year quarterGross margin increased to 56.9%, and operating margin was 17.2%Operating income was $197 million, a 14% decrease compared to the prior year quarterGAAP EPS was $1.05 and pro forma EPS(1) was $1.02Launched the next-gen Forerunner 265 and Forerunner 965, our f

Company reports record full year revenue for three reportable segments SCHAFFHAUSEN, Switzerland, Feb. 22, 2023 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the fourth quarter ended December 31, 2022. Highlights for fourth quarter 2022 include: Consolidated revenue of $1.31 billion, a 6% decrease compared to the prior year quarterGross margin expanded to 57.0% from 55.5% in the prior year quarterOperating margin was 20.5% compared to 22.6% in the prior year quarterOperating income was $267 million, a 15% decrease compared to the prior year quarterGAAP

Raises 2022 EPS guidance on improved margin outlook SCHAFFHAUSEN, Switzerland, Oct. 26, 2022 /PRNewswire/ -- Garmin® Ltd. (NYSE:GRMN), today announced results for the third quarter ended September 24, 2022. Highlights for third quarter 2022 include: Consolidated revenue of $1.14 billion, a 4% decrease compared to the prior year quarter, was unfavorably impacted by approximately $70 million due to the year-over-year strengthening of the U.S. Dollar relative to other major currenciesGross margin expanded to 58.8%, and operating margin was 21.0%Operating income was $239 million,

Garmin® Ltd. (NYSE:GRMN) today announced results for the second quarter ended June 25, 2022. Highlights for second quarter 2022 include: Consolidated revenue of $1.24 billion, a 6% decrease compared to the strong, pandemic-driven prior year quarter The year-over-year strengthening of the U.S. Dollar relative to other major currencies unfavorably impacted consolidated revenue by approximately $57 million Gross and operating margins were 58.7% and 23.6%, respectively Operating income of $293 million, a 21% decrease compared to the prior year quarter GAAP EPS was $1.33 and pro forma EPS(1) was $1.44 Celebrated a milestone of more than 25,000 integrated flight deck deliveries Lau

Company announces record date and payment date for June 2022 dividend installment At Garmin Ltd.'s 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 $2.92 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 dividend installments as follows: Dividend Date Record Date $s per share June 30, 2022 June 20, 2022

Rugged navigators add arrival planning with Birdseye Satellite Imagery for clear overhead views of destinations, larger displays and advanced route planning options to simplify life on the road Garmin® International Inc., a unit of Garmin Ltd. (NYSE:GRMN), today announced the dēzlTM OTR610/710/810/1010 trucking navigators, designed to help simplify the over-the-road lifestyle for professional truck drivers. The reimagined series introduces a refined feature set that includes arrival planning with automatic Birdseye Satellite Imagery to see high-resolution aerial views during truck entrances, security gates and loading dock destinations. The new navigators feature larger, high-resolution to

Company reports record first quarter revenue and announces share repurchase plan Garmin® Ltd. (NYSE:GRMN) today announced results for the first quarter ended March 26, 2022. Highlights for first quarter 2022 include: Record consolidated revenue of $1.17 billion, a 9% increase over the prior year quarter with three segments posting double digit growth Gross and operating margins were 56.5% and 19.5%, respectively Operating income of $229 million, an 8% decrease compared to the prior year quarter GAAP EPS was $1.09 and pro forma EPS(1) was $1.11 Launched a sweeping update to our lineup of outdoor adventure watches Named the 2022 Associate Member of the Year by the Aircraft Elect

The Garmin Ltd. (NASDAQ:GRMN) board of directors has established December 31, 2021 as the payment date for the next dividend installment of $0.67 per share with a record date of December 15, 2021. At the 2021 annual shareholders' meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.68 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 second payments were made on June 30, 2021 and September 30, 2021. The Board currently anticipates the scheduling of the remain

Company reports record third quarter revenue Garmin® Ltd. (NASDAQ:GRMN), today announced results for the third quarter ended September 25, 2021. Highlights for third quarter 2021 include: Total revenue of $1.19 billion, a 7% increase over the prior year quarter Gross and operating margin were 58.4% and 23.7%, respectively Operating income of $283 million, an 11% decrease compared to the prior year quarter GAAP EPS was $1.34 and pro forma EPS(1) was $1.41 Named Manufacturer of the Year by the National Marine Electronics Association for the seventh consecutive year Ranked #1 in avionics support for the 18th consecutive year by Aviation International News Received production qu

The Garmin Ltd. (NASDAQ:GRMN) board of directors has established September 30, 2021 as the payment date for the next dividend installment of $0.67 per share with a record date of September 15, 2021. At the 2021 annual shareholders' meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.68 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 payment was made on June 30, 2021. The Board currently anticipates the scheduling of the remaining quarterly dividend installment

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 $2.68 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 follows: Dividend Date     Record Date     $s per share June 30, 2021     June 15, 2021     $0.67

Company reports strong double-digit revenue and operating income growth Garmin® Ltd. (NASDAQ:GRMN), today announced results for the first quarter ended March 27, 2021. Highlights for first quarter 2021 include: Total revenue of $1.07 billion, a 25% increase over the prior year quarter led by double-digit growth in the fitness, outdoor, marine and auto segments Gross margin improved to 59.8% compared to 59.2% in the prior year quarter Operating margin improved to 23.3% compared to 20.7% in the prior year quarter Operating income of $250 million, a 41% increase over the prior year quarter GAAP EPS was $1.14 and pro forma EPS(1) was $1.18, representing 30% growth in pro forma EPS o