GRMNGarmin Ltd.Stock — Technology
Yield
1.43%
$4.20 indicated at $293.74
Dividend
$1.05/qtr
Approved Jun 5, 2026; raised from $0.90; next payment Dec 24, 2026
Payout ratio
43.4%
Trailing, per StockAnalysis
Pays
Quarterly
9 years of growth
House verdict
Covered, compounding — a fitness-and-flight toll. A $1.05 quarterly dividend, raised from $0.90, at a 43.4% trailing payout, with nine years of growth and a shareholder-approved $4.20 annual schedule running through March 2027. The 1.43% yield is modest, but the payout is covered and rising.
Key risk: Consumer discretionary spending — fitness and outdoor demand swings with the consumer cycle.
Changes if: The payout passes ~60% or a raise is skipped.
- ✓Covered by earnings 43.4% trailing payout, per StockAnalysis.
- ✓Compounding 9 years of growth; raised from $0.90 to $1.05 in 2026.
- !Modest yield 1.43% at the Oct 23 close — quality and growth, not income.
What this grade doesn't say: It screens the dividend only — covered, real, compounding. It says nothing about valuation or price: a well-covered payer can still be overpriced, and its price can still fall.