Is Garmin Ltd. a good dividend stock?

Garmin Ltd. (GRMN) is a dividend-paying stock with a current dividend yield of 1.32%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is GRMN's dividend yield?

The dividend yield for GRMN stock is currently 1.32%.

How much does GRMN pay in dividends per year?

Garmin Ltd. pays an annual dividend of $3.9000 per share over the trailing twelve months.

How often does GRMN pay dividends?

GRMN stock pays dividends quarterly.

Is GRMN's dividend growing?

Garmin Ltd.'s 3-year dividend CAGR is 10.13%.

GRMN Stock Price, Chart, Stats & News

Garmin Ltd.

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Overview Dividend safety Dividends Fundamentals

Garmin Ltd. (GRMN) is a dividend-paying stock with a current dividend yield of 1.32% as of Sep 24, 2026. It pays $3.90 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 8.78% 5-year compound annual rate.

56.87B

Market cap

30.49x

Current P/E

23.87x

Forward P/E

1.32%

Dividend yield

$3.90

GRMN dividend

Dividend safety

Strong

Dividend coverage looks healthy — GRMN pays out about 40% of earnings.

See the safety analysis

GRMN chart

Fundamentals

Gross margin	58.74%
Operating margin	25.89%
Pretax margin	27.80%
Net margin	22.96%
Effective tax rate	17.41%
ROA	15.13%
ROE	19.72%
D/E	0.02x
Interest coverage ratio	–

All financials

GRMN valuation

P/E	30.49x
P/S	6.11x
P/B	4.93x
P/CF	27.10x
P/FCF	32.50x
P/OCF	27.10x
PEG	4.53x
EV multiple	21.92x

About

Technology

Sector

Hardware, Equipment & Parts

Industry

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.