Garmin® Confirms September 30 Dividend Payment
September 01 2021 - 7:00AM
Business Wire
The Garmin Ltd. (NASDAQ: GRMN) board of directors has
established September 30, 2021 as the payment date for the next
dividend installment of $0.67 per share with a record date of
September 15, 2021. At the 2021 annual shareholders’ meeting,
Garmin shareholders, in accordance with Swiss corporate law,
approved a cash dividend in the total 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 on dates to be determined by the Board in its
discretion. The first payment was made on June 30, 2021. The Board
currently anticipates the scheduling of the remaining quarterly
dividend installments as follows:
Dividend
Date
Record
Date
$s per
share
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, email media.relations@garmin.com,
or connect with us at facebook.com/garmin, twitter.com/garminnews,
instagram.com/garmin, youtube.com/garmin or
linkedin.com/company/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 June 26, 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 Q2 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/20210901005311/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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