dividend
confidence high
sentiment neutral
materiality 0.55
Garmin shareholders approve $0.75 quarterly dividend through March 2025
GARMIN LTD
- Shareholders approved $3.00 per share cash dividend in four equal quarterly installments of $0.75.
- First $0.75 installment payable June 28, 2024 to holders of record June 17, 2024.
- Remaining $0.75 installments scheduled for Sept 27, Dec 27, 2024 and Mar 28, 2025.
- Equity plan amended: authorized shares increased from 13M to 18M (38% increase); restricted shares/PSU/RSU cap raised from 12M to 17M.