Garmin (GRMN) dividend history
Garmin paid $664M in dividends in fiscal 2025, about $3.43 per share.
Dividends per share grew 5.6% a year over 14 years, rising in each of the last 2 years.
That took 49% of free cash flow and 40% of net income.
At today's price the trailing yield is 1.32%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Garmin's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $3.43 | +15.8% | $664M | 49% | 40% |
| 2024 | $2.96 | +1.8% | $572M | 46% | 41% |
| 2023 | $2.91 | -17.3% | $559M | 47% | 43% |
| 2022 | $3.52 | +38.2% | $679M | 125% | 70% |
| 2021 | $2.55 | +8.4% | $491M | 70% | 45% |
| 2020 | $2.35 | +7.4% | $451M | 47% | 45% |
| 2019 | $2.19 | +40.0% | $417M | 72% | 44% |
| 2018 | $1.56 | -23.1% | $296M | 39% | 43% |
| 2017 | $2.03 | -20.2% | $383M | 73% | 54% |
| 2016 | $2.54 | +28.5% | $481M | 78% | 93% |
| 2015 | $1.98 | +6.7% | $378M | 189% | 83% |
| 2014 | $1.85 | +3.5% | $360M | 80% | 99% |
| 2013 | $1.79 | +38.7% | $352M | 61% | 57% |
| 2012 | $1.29 | -19.0% | $253M | 39% | 47% |
| 2011 | $1.59 | — | $311M | 40% | 60% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Garmin pay a dividend?
Garmin paid $664M in dividends in fiscal 2025, about $3.43 per share.
How fast has Garmin's dividend grown?
Dividends per share grew 5.6% a year over 14 years, rising in each of the last 2 years.
From Garmin's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.