GRMN Dividend Calculator
Garmin Ltd. yields 1.42%, below the 2.91% median across US dividend payers. The income from GRMN is a smaller part of the story than it would be on a high-yield holding, and the figures below deliberately capture only that part.
GRMN paid $3.90 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
GRMN
Garmin Ltd.
1.42%
yield
Dividend income
$10,000 in GRMN pays you
$142.38
per year
- Paid each quarter
- $35.60
- Monthly average
- $11.87
- Shares bought
- 36.51
- Payments a year
- 4
Total over 10 years, taken as cash
$1,423.83
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
GRMN dividend income by investment amount
Based on the current yield of 1.42%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $14.24 | $3.56 | $1.19 |
| $5,000 | $71.19 | $17.80 | $5.93 |
| $10,000 | $142.38 | $35.60 | $11.87 |
| $25,000 | $355.96 | $88.99 | $29.66 |
| $50,000 | $711.91 | $177.98 | $59.33 |
| $100,000 | $1,423.83 | $355.96 | $118.65 |
GRMN with dividends reinvested
$10,000 in GRMN, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $11,527
- After 20 years
- $13,288
- After 30 years
- $15,317
$11,424 taking the income as cash
$12,848 taking the income as cash
$14,271 taking the income as cash
What makes up GRMN's 1.42% yield
GRMN paid $3.90 per share over the last twelve months against a share price of $273.91, which is where the 1.42% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
A below-median yield is not the same as a weak dividend. It commonly means earnings are being retained and reinvested, or that the share price has risen faster than the payment — in the second case the holder's income did not fall, the yield did. Income is one component of the return on GRMN and the smaller one; the figures below are not a total-return estimate.
Technology dividends are usually a recent and secondary use of cash — buybacks and reinvestment normally take priority — so yields are low even where the cash generation behind them is very large. The payout ratio here is often well below the level that would constrain a raise.
When GRMN pays, and what that changes
GRMN pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. GRMN's full schedule and payment history are on its dividend page.
Is GRMN's dividend covered by earnings?
GRMN's payout ratio of 0.38 means roughly 38% of earnings go to the dividend, leaving the rest retained. A margin that size is what allows a payment to be maintained through a weaker year without being funded from borrowing.
A low ratio is the norm rather than an achievement in this part of the market: the dividend is a secondary use of cash behind reinvestment and buybacks, so most of what is retained is not being held back against a weak year — it is being spent elsewhere.
The figures hold the dividend flat. GRMN has raised its payment in each of the last 8 years, which is a shorter record than the multi-decade streaks found among the longest-standing payers, and not yet long enough to have been tested across a full cycle.
GRMN dividend calculator FAQ
- How much does $10,000 in GRMN pay in dividends?
- At GRMN's current yield of 1.42%, $10,000 pays about $142.38 a year — roughly $35.60 per payment, paid quarterly, or $11.87 a month averaged out.
- What would GRMN be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in GRMN would grow to about $11,527 after 10 years, against $11,424 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does GRMN pay dividends?
- GRMN pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is GRMN's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check GRMN's full payment history before relying on any of it.
More on GRMN
Garmin Ltd. is a common stock trading at $273.91 per share, paying quarterly. — All figures before tax. Not financial advice.