Dividend Growth of Garmin Ltd.(GRMN)

Garmin Ltd.(GRMN) is having a Dividend Yield of 4.01% with the Annual cash Dividend per share of $2.55. The last quarter cash dividend per share pay out was $0.51. Garmin Ltd. has a 5 year average dividend yield of 4.3% and the stock has a Indicated annual dividend of $2.04. Garmin Ltd.(GRMN) formally announced its most recent dividend on June 20, 2016 with a Dividend per share of $0.51. The new indicated annual dividend based on announced dividend per share is $2.04. The dividend yield based on the forward looking indicated annual dividend is 4.01%. Garmin Ltd.(GRMN) has the most recent dividend payout ratio of 0.72 with a 5-year average payout ratio of 0.69. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.03. The 5 year historical dividend growth of Garmin Ltd.(GRMN) is at the rate of 4.35% while the R-Squared dividend growth is 0.85. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Garmin Ltd. (NASDAQ:GRMN) rose 0.26% or 0.13 points on Thursday and made its way into the gainers of the day. After trading began at $50.73 the stock was seen hitting $50.96 as a peak level and $50.5 as the lowest level. The stock ended up at $50.95. The daily volume was measured at 965,817 shares. The 52-week high of the share price is $56.19 and the 52-week low is $34.49. The company has a market cap of $9,601 million. Shares of Garmin Ltd. rose by 3.7% in the last five trading days and 6.68% for the last 4 weeks. Garmin Ltd. has dropped 2.36% during the last 3-month period . Year-to-Date the stock performance stands at 5.07%.

Currently the company Insiders own 18.3% of Garmin Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.18% . Institutional Investors own 37.39% of Garmin Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -0.18%. Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Andrew R Etkind (VP, General Counsel, Secretary) sold 2,116 shares at 49.55 per share price.On Nov 29, 2016, Clifton A Pemble (President and CEO) sold 175 shares at 52.50 per share price.On Aug 23, 2016, Danny J Bartel (VP, Worldwide Sales) sold 786 shares at 54.53 per share price.

Garmin Ltd. Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.54. The company had revenue of $722.25 million for the quarter, compared to analysts expectations of $681.84 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

Garmin Ltd. GRMN Dec 1, 2016 0.5100 Mar 31, 2017 Mar 15, 2017 Mar 13, 2017

Garmin International is designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation. Specifically, the company aims to enrich the lives of customers, suppliers, distributors, and employees by providing the very best products that offer superior quality, safety, and operational features at affordable prices.


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