Garmin Ltd. (GRMN) Dividend Payout Ratio: 40.13%
Is Garmin Ltd.’s dividend payout ratio high or low?
Garmin Ltd.'s dividend payout ratio of 40.13% is 14% below its 5-year average of 46.52%, near the low end of its 5-year range (36.21%–58.41%).
As of Sunday, June 14, 2026. 2.19% below its 12-month average of 41.03%.
Dividend Payout Ratio (40.13%) = TTM Dividends/Share ($3.60) / TTM EPS ($8.97)
GRMN Dividend Payout Ratio Chart
GRMN Average Dividend Payout Ratio Chart
GRMN Current vs Average Dividend Payout Ratio Chart
GRMN Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
40.13%
DIVIDEND PAYOUT RATIO AVG TTM
41.03%
DIVIDEND PAYOUT RATIO AVG 3Y
44.24%
DIVIDEND PAYOUT RATIO AVG 5Y
46.52%
DIVIDEND PAYOUT RATIO AVG 10Y
52.47%
DIVIDEND PAYOUT RATIO AVG 15Y
59.23%
DIVIDEND PAYOUT RATIO AVG 20Y
52.63%
CURRENT VS TTM AVG
-2.19%
CURRENT VS 3Y AVG
-9.29%
CURRENT VS 5Y AVG
-13.73%
CURRENT VS 10Y AVG
-23.53%
CURRENT VS 15Y AVG
-32.25%
CURRENT VS 20Y AVG
-23.76%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.65 | $3.45 | 39.9% |
| 2024 | $7.35 | $2.98 | 40.5% |
| 2023 | $6.74 | $2.92 | 43.3% |
| 2022 | $5.06 | $2.86 | 56.5% |
| 2021 | $5.63 | $2.62 | 46.5% |
| 2020 | $5.19 | $2.40 | 46.2% |
| 2019 | $5.01 | $2.24 | 44.7% |
| 2018 | $3.68 | $2.10 | 57.1% |
| 2017 | $3.70 | $2.04 | 55.1% |
| 2016 | $2.71 | $2.04 | 75.3% |
| 2015 | $2.39 | $2.01 | 84.1% |
| 2014 | $1.89 | $1.89 | 100.0% |
| 2013 | $3.13 | $1.80 | 57.5% |
| 2012 | $2.78 | $1.75 | 62.9% |
| 2011 | $2.68 | $1.60 | 59.7% |
| 2010 | $2.97 | $1.50 | 50.5% |
| 2009 | $3.51 | $0.75 | 21.4% |
| 2008 | $3.51 | $0.75 | 21.4% |
| 2007 | $3.95 | $0.75 | 19.0% |
| 2006 | $2.38 | $0.50 | 21.0% |
| 2005 | $1.44 | $0.25 | 17.4% |
| 2004 | $0.95 | $0.25 | 26.3% |
| 2003 | $0.83 | $0.25 | 30.1% |
| 2002 | $0.66 | $0.00 | 0.0% |
| 2001 | $0.53 | $0.00 | 0.0% |
| 2000 | $0.53 | $0.00 | 0.0% |
| 1999 | $0.32 | $0.00 | 0.0% |
Garmin Ltd. Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Garmin Ltd. Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Garmin Ltd. (GRMN)?
- The dividend payout ratio for GRMN stock is 40.13%.
- Is Garmin Ltd.'s dividend payout ratio high or low?
- Garmin Ltd.'s dividend payout ratio of 40.13% is 14% below its 5-year average of 46.52%, near the low end of its 5-year range (36.21%–58.41%).
- What is the TTM average dividend payout ratio for Garmin Ltd. (GRMN)?
- The TTM average dividend payout ratio for GRMN stock is 41.03%.
- What is the 3Y average dividend payout ratio for Garmin Ltd. (GRMN)?
- The 3Y average dividend payout ratio for GRMN stock is 44.24%.
- What is the 5Y average dividend payout ratio for Garmin Ltd. (GRMN)?
- The 5Y average dividend payout ratio for GRMN stock is 46.52%.
- What is the 10Y average dividend payout ratio for Garmin Ltd. (GRMN)?
- The 10Y average dividend payout ratio for GRMN stock is 52.47%.
- What is the 15Y average dividend payout ratio for Garmin Ltd. (GRMN)?
- The 15Y average dividend payout ratio for GRMN stock is 59.23%.
- What is the 20Y average dividend payout ratio for Garmin Ltd. (GRMN)?
- The 20Y average dividend payout ratio for GRMN stock is 52.63%.
Garmin Ltd. Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-12 | 40.13% |
| 2026-06-11 | 40.14% |
| 2026-06-09 | 40.14% |
| 2026-06-05 | 40.13% |
| 2026-06-03 | 40.14% |
| 2026-06-01 | 40.14% |
| 2026-05-28 | 40.14% |
| 2026-05-26 | 40.13% |
| 2026-05-21 | 40.13% |
| 2026-05-19 | 40.13% |
| 2026-05-15 | 40.14% |
| 2026-05-13 | 40.14% |
| 2026-05-11 | 40.13% |
| 2026-05-07 | 40.14% |
| 2026-05-05 | 40.14% |
| 2026-05-01 | 40.14% |
| 2026-04-29 | 40.13% |
| 2026-04-27 | 41.86% |
| 2026-04-23 | 41.87% |
| 2026-04-21 | 41.86% |
| 2026-04-17 | 41.87% |
| 2026-04-15 | 41.86% |
| 2026-04-13 | 41.87% |
| 2026-04-09 | 41.86% |
| 2026-04-07 | 41.85% |
| 2026-04-02 | 41.85% |
| 2026-03-31 | 41.86% |
| 2026-03-27 | 41.86% |
| 2026-03-25 | 41.86% |
| 2026-03-23 | 41.87% |
| 2026-03-19 | 41.86% |
| 2026-03-17 | 41.86% |
| 2026-03-13 | 50.57% |
| 2026-03-11 | 40.11% |
| 2026-03-09 | 40.11% |
| 2026-03-05 | 40.12% |
| 2026-03-03 | 40.12% |
| 2026-02-27 | 40.12% |
| 2026-02-25 | 40.11% |
| 2026-02-23 | 40.11% |
| 2026-02-19 | 40.11% |
| 2026-02-17 | 42.49% |
| 2026-02-12 | 42.49% |
| 2026-02-10 | 42.49% |
| 2026-02-06 | 42.49% |
| 2026-02-04 | 42.49% |
| 2026-02-02 | 42.48% |
| 2026-01-29 | 42.48% |
| 2026-01-27 | 42.48% |
| 2026-01-23 | 42.49% |
| 2026-01-21 | 42.48% |
| 2026-01-16 | 42.48% |
| 2026-01-14 | 42.49% |
| 2026-01-12 | 42.49% |
| 2026-01-08 | 42.49% |
| 2026-01-06 | 42.48% |
| 2026-01-02 | 42.49% |
| 2025-12-30 | 42.49% |
| 2025-12-26 | 42.49% |
| 2025-12-23 | 42.49% |
| 2025-12-19 | 42.49% |
| 2025-12-17 | 42.48% |
| 2025-12-15 | 42.49% |
| 2025-12-11 | 40.64% |
| 2025-12-09 | 40.65% |
| 2025-12-05 | 40.64% |
| 2025-12-03 | 40.63% |
| 2025-12-01 | 40.65% |
| 2025-11-26 | 40.64% |
| 2025-11-24 | 40.63% |
| 2025-11-20 | 40.64% |
| 2025-11-18 | 40.64% |
| 2025-11-14 | 40.64% |
| 2025-11-12 | 40.64% |
| 2025-11-10 | 40.65% |
| 2025-11-06 | 40.64% |
| 2025-11-04 | 40.64% |
| 2025-10-31 | 40.64% |
| 2025-10-29 | 40.65% |
| 2025-10-27 | 40.69% |
| 2025-10-23 | 40.69% |
| 2025-10-21 | 40.69% |
| 2025-10-17 | 40.69% |
| 2025-10-15 | 40.70% |
| 2025-10-13 | 40.69% |
| 2025-10-09 | 40.69% |
| 2025-10-07 | 40.70% |
| 2025-10-03 | 40.69% |
| 2025-10-01 | 40.68% |
| 2025-09-29 | 40.68% |
| 2025-09-25 | 40.70% |
| 2025-09-23 | 40.69% |
| 2025-09-19 | 40.69% |
| 2025-09-17 | 40.70% |
| 2025-09-15 | 40.69% |
| 2025-09-11 | 38.84% |
| 2025-09-09 | 38.84% |
| 2025-09-05 | 38.84% |
| 2025-09-03 | 38.84% |
| 2025-08-29 | 38.84% |
| 2025-08-27 | 38.84% |
| 2025-08-25 | 38.85% |
| 2025-08-21 | 38.84% |
| 2025-08-19 | 38.85% |
| 2025-08-15 | 38.84% |
| 2025-08-13 | 38.84% |
| 2025-08-11 | 38.85% |
| 2025-08-07 | 38.84% |
| 2025-08-05 | 38.84% |
| 2025-08-01 | 38.84% |
| 2025-07-30 | 38.84% |
| 2025-07-28 | 41.45% |
| 2025-07-24 | 41.45% |
| 2025-07-22 | 41.44% |
| 2025-07-18 | 41.45% |
| 2025-07-16 | 41.44% |
| 2025-07-14 | 41.45% |
| 2025-07-10 | 41.45% |
| 2025-07-08 | 41.45% |
| 2025-07-03 | 41.45% |
| 2025-07-01 | 41.45% |
| 2025-06-27 | 41.45% |
| 2025-06-25 | 41.44% |
| 2025-06-23 | 41.44% |
| 2025-06-18 | 41.44% |
| 2025-06-16 | 51.31% |
| 2025-06-12 | 39.47% |
| 2025-06-10 | 39.48% |
| 2025-06-06 | 39.48% |
| 2025-06-04 | 39.48% |
| 2025-06-02 | 39.47% |
| 2025-05-29 | 39.47% |
| 2025-05-27 | 39.47% |
| 2025-05-22 | 39.47% |
| 2025-05-20 | 39.47% |
| 2025-05-16 | 39.47% |
| 2025-05-14 | 39.47% |
| 2025-05-12 | 39.47% |
| 2025-05-08 | 39.47% |
| 2025-05-06 | 39.47% |
| 2025-05-02 | 39.47% |
| 2025-04-30 | 39.48% |
| 2025-04-28 | 41.05% |
| 2025-04-24 | 41.04% |
| 2025-04-22 | 41.03% |
| 2025-04-17 | 41.05% |
| 2025-04-15 | 41.04% |
| 2025-04-11 | 41.04% |
| 2025-04-09 | 41.04% |
| 2025-04-07 | 41.04% |
| 2025-04-03 | 41.03% |
| 2025-04-01 | 41.04% |
| 2025-03-28 | 41.04% |
| 2025-03-26 | 41.04% |
| 2025-03-24 | 41.04% |
| 2025-03-20 | 41.04% |
| 2025-03-18 | 41.04% |
| 2025-03-14 | 41.04% |
| 2025-03-12 | 40.77% |
| 2025-03-10 | 40.77% |
| 2025-03-06 | 40.77% |
| 2025-03-04 | 40.76% |
| 2025-02-28 | 40.77% |
| 2025-02-26 | 40.76% |
| 2025-02-24 | 40.77% |
| 2025-02-20 | 40.77% |
| 2025-02-18 | 37.82% |
| 2025-02-13 | 37.82% |
| 2025-02-11 | 37.82% |
| 2025-02-07 | 37.81% |
| 2025-02-05 | 37.81% |
| 2025-02-03 | 37.82% |
| 2025-01-30 | 37.81% |
| 2025-01-28 | 37.82% |
| 2025-01-24 | 37.82% |
| 2025-01-22 | 37.82% |
| 2025-01-17 | 37.81% |
| 2025-01-15 | 37.82% |
| 2025-01-13 | 37.81% |
| 2025-01-08 | 37.82% |
| 2025-01-06 | 37.81% |
| 2025-01-02 | 37.82% |
| 2024-12-30 | 37.82% |
| 2024-12-26 | 37.81% |
| 2024-12-23 | 37.82% |
| 2024-12-19 | 37.82% |
| 2024-12-17 | 37.81% |
| 2024-12-13 | 37.82% |
| 2024-12-11 | 37.57% |
| 2024-12-09 | 37.56% |
| 2024-12-05 | 37.57% |
| 2024-12-03 | 37.56% |
| 2024-11-29 | 37.56% |
| 2024-11-26 | 37.56% |
| 2024-11-22 | 37.56% |
| 2024-11-20 | 37.56% |
| 2024-11-18 | 37.57% |
| 2024-11-14 | 37.56% |
| 2024-11-12 | 37.56% |
| 2024-11-08 | 37.56% |
| 2024-11-06 | 37.57% |
| 2024-11-04 | 37.56% |
| 2024-10-31 | 37.56% |
| 2024-10-29 | 41.39% |
| 2024-10-25 | 41.40% |
| 2024-10-23 | 41.40% |
| 2024-10-21 | 41.40% |
| 2024-10-17 | 41.40% |
| 2024-10-15 | 41.39% |
| 2024-10-11 | 41.40% |
| 2024-10-09 | 41.40% |
| 2024-10-07 | 41.41% |
| 2024-10-03 | 41.39% |
| 2024-10-01 | 41.40% |
| 2024-09-27 | 41.39% |
| 2024-09-25 | 41.40% |
| 2024-09-23 | 41.40% |
| 2024-09-19 | 41.39% |
| 2024-09-17 | 41.40% |
| 2024-09-13 | 41.40% |
| 2024-09-11 | 41.12% |
| 2024-09-09 | 41.13% |
| 2024-09-05 | 41.11% |
| 2024-09-03 | 41.12% |
| 2024-08-29 | 41.13% |
| 2024-08-27 | 41.13% |
| 2024-08-23 | 41.12% |
| 2024-08-21 | 41.12% |
| 2024-08-19 | 41.11% |
| 2024-08-15 | 41.12% |
| 2024-08-13 | 41.12% |
| 2024-08-09 | 41.13% |
| 2024-08-07 | 41.13% |
| 2024-08-05 | 41.13% |
| 2024-08-01 | 41.11% |
| 2024-07-30 | 41.46% |
| 2024-07-26 | 41.47% |
| 2024-07-24 | 41.47% |
| 2024-07-22 | 41.46% |
| 2024-07-18 | 41.47% |
| 2024-07-16 | 41.46% |
| 2024-07-12 | 41.47% |
| 2024-07-10 | 41.46% |
| 2024-07-08 | 41.46% |
| 2024-07-03 | 41.47% |
| 2024-07-01 | 41.46% |
| 2024-06-27 | 41.47% |
| 2024-06-25 | 41.47% |
| 2024-06-21 | 41.46% |
| 2024-06-18 | 41.47% |
| 2024-06-14 | 41.18% |
| 2024-06-12 | 41.19% |
| 2024-06-10 | 41.19% |
| 2024-06-06 | 41.19% |
| 2024-06-04 | 41.18% |
| 2024-05-31 | 41.18% |
| 2024-05-29 | 41.18% |
| 2024-05-24 | 41.18% |
| 2024-05-22 | 41.19% |
| 2024-05-20 | 41.18% |
Showing the most recent 260 of 2,459 data points. The chart above shows the full history.
About Garmin Ltd.
Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Clifton Albert Pemble