GARMIN LTD (GRMN) closed fiscal year 2025 with 193 M shares outstanding and a dividend of 3.45 USD per share.
GARMIN LTD (GRMN) closed fiscal year 2025 with 193 M shares outstanding and a dividend of 3.45 USD per share. Over the year the share count rose by 152 k shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has shrunk by 3.9 %. The dividend per share was 3.45 USD, up 15.8 % year on year. Total dividends paid came to 664 M USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 200M | 200M | 194M | 195M | 196M | 195M | 192M | 190M | 189M | 188M | 189M | 191M | 192M | 193M | 192M | 192M | 192M | 193M |
| Shares issued — SBC/options | — | 0.00k | 0.00k | 305k | 929k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 1,272k | 1,225k | 885k | 1,037k | 0.00k | 154k | 691k | 152k |
| Shares issued (%) | — | 0.00 % | 0.00 % | 0.16 % | 0.48 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.67 % | 0.64 % | 0.46 % | 0.54 % | 0.00 % | 0.08 % | 0.36 % | 0.08 % |
| Shares repurchased | — | -0.09M | -5.92M | 0.00M | 0.00M | -0.44M | -3.34M | -2.09M | -1.16M | -0.38M | 0.00M | 0.00M | 0.00M | 0.00M | -0.99M | 0.00M | 0.00M | 0.00M |
| Shares repurchased (%) | — | -0.04 % | -3.04 % | 0.00 % | 0.00 % | -0.23 % | -1.74 % | -1.10 % | -0.61 % | -0.20 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | -0.51 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | — | -89.0k | -5,916k | 305k | 929k | -442k | -3,335k | -2,093k | -1,157k | -376k | 1,272k | 1,225k | 885k | 1,037k | -985k | 154k | 691k | 152k |
| Net addition/reduction (%) | — | -0.04 % | -3.04 % | 0.16 % | 0.48 % | -0.23 % | -1.74 % | -1.10 % | -0.61 % | -0.20 % | 0.67 % | 0.64 % | 0.46 % | 0.54 % | -0.51 % | 0.08 % | 0.36 % | 0.08 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.75 | 0.75 | 1.50 | 1.60 | 0.90 | 0.90 | 0.96 | 2.01 | 2.04 | 1.53 | 2.12 | 2.28 | 2.44 | 2.68 | 2.86 | 2.92 | 2.98 | 3.45 |
| Payout Ratio (%) | 20.50 % | 21.29 % | 51.12 % | 59.66 % | 46.72 % | 57.43 % | 98.86 % | 82.88 % | 92.99 % | 54.02 % | 42.67 % | 43.81 % | 45.41 % | 45.41 % | 69.75 % | 43.33 % | 40.55 % | 39.90 % |
| Number of payments | 1.00 | 1.00 | 1.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 150M | 150M | 299M | 311M | 253M | 352M | 360M | 378M | 481M | 383M | 296M | 417M | 451M | 491M | 679M | 559M | 572M | 664M |
| Dividend Yield (%) | 3.87 % | 2.42 % | 4.93 % | 3.98 % | 2.18 % | 1.93 % | 1.78 % | 5.44 % | 4.03 % | 2.57 % | 3.37 % | 2.31 % | 2.03 % | 1.97 % | 3.12 % | 2.27 % | 1.42 % | 1.68 % |
Figures in USD
