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News

Garmin's Board Recommends Raising Annual Dividend By 2.7% To $3.00 Per Share, Payable In 4 Installments of $0.75 Each

Author: Benzinga Newsdesk | February 21, 2024 08:09am

Dividend Recommendation and New Share Repurchase Program:

The Board of Directors intends to recommend to the shareholders for approval at the annual meeting to be held on June 7, 2024, a cash dividend in the amount of $3.00 per share, payable in four equal installments on dates to be determined by the Board. The Board currently anticipates the scheduling of the dividend in four installments as follows:

 

Dividend Date


 

Record Date


 

Dividend Per Share

June 28, 2024


 

June 17, 2024


 

$0.75

September 27, 2024


 

September 13, 2024


 

$0.75

December 27, 2024


 

December 13, 2024


 

$0.75

March 28, 2025


 

March 14, 2025


 

$0.75

Posted In: GRMN

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