dividend
confidence high
sentiment neutral
materiality 0.60
Garmin shareholders approve $2.92 annual dividend; equity plan expanded
GARMIN LTD
- Shareholders approved $2.92/share dividend in four $0.73 quarterly installments from June 2022 to March 2023.
- First installment: record June 20, 2022, pay June 30, 2022; subsequent: Sep 30, Dec 30, 2022, Mar 31, 2023.
- Equity Incentive Plan amended to increase Restricted Shares/Units authorization from 10M to 12M shares.
- All directors re-elected; Ernst & Young ratified as auditor for fiscal 2022.