Garmin® shareholders approve quarterly dividend through March 2022 & Garmin announces record date & payment date for June 20...
June 04 2021 - 1:59PM
Business Wire
At Garmin Ltd.’s (NASDAQ:GRMN) annual shareholders’ meeting held
today, approval was received from the shareholders in accordance
with Swiss corporate law for a cash dividend in the amount of $2.68
per share (subject to adjustment in the event that the Swiss Franc
weakens more than 35% relative to the USD), payable in four equal
installments. The Board has determined that the June installment of
the dividend will be paid as indicated below and currently
anticipates the scheduling of the remaining quarterly dividends as
follows:
Dividend
Date
Record
Date
$s per
share
June 30, 2021
June 15, 2021
$0.67
September 30, 2021
September 15, 2021
$0.67
December 31, 2021
December 15, 2021
$0.67
March 31, 2022
March 15, 2022
$0.67
About Garmin Ltd.:
Engineered on the inside for life on the outside, Garmin
products have revolutionized the aviation, automotive, fitness,
marine and outdoor lifestyles. Dedicated to helping people make the
most of the time they spend pursuing their passions, Garmin
believes every day is an opportunity to innovate and a chance to
beat yesterday. For more information, visit Garmin's virtual
pressroom at garmin.com/newsroom, contact the Media Relations
department at media.relations@garmin.com, or connect with us at
facebook.com/garmin, twitter.com/garminnews, instagram.com/garmin
or youtube.com/garmin.
Garmin Ltd. is incorporated in Switzerland, and its principal
subsidiaries are located in the United States, Taiwan and the
United Kingdom. Garmin is a registered trademark of Garmin Ltd.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding
Garmin Ltd. and its business. Such statements are based on
management’s current expectations. The forward-looking events and
circumstances discussed in this release may not occur and actual
results could differ materially as a result of risk factors and
uncertainties affecting Garmin, including, but not limited to, the
risk factors that are described in both the Annual Report on Form
10-K for the year ended December 26, 2020 and the Quarterly Report
on Form 10-Q for the quarter ended March 27, 2021 filed by Garmin
with the Securities and Exchange Commission (Commission file number
0-31983). A copy of Garmin’s 2020 Form 10-K and the Q1 2021 Form
10-Q can be downloaded from
https://www.garmin.com/en-US/investors/sec/. No forward-looking
statement can be guaranteed. Forward-looking statements speak only
as of the date on which they are made and Garmin undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210604005575/en/
Investor Relations
Contact: Teri Seck
913/397-8200 investor.relations@garmin.com
Media Relations
Contact: Krista
Klaus 913/397-8200
media.relations@garmin.com
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