Garmin As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
GRMN $2.92 0.0% 0.0% 9.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Navigation Products 2.7% 5 7.4% Quarter 2003

Garmin (GRMN) has proposed to increase its dividend from $0.45 to $0.48 for the next quarter. This is a 6.7 percent dividend hike and follows a 12.5 percent increase announced in 2012 by the company.

Garmin Ltd. offers global positioning system (GPS) navigation and wireless devices and applications. The Switzerland based company offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. Garmin offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. The company went public in 2000 and has paid a dividend every year since 2003.