Press release
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december 04, 2018 - Garmin Italia Srl
Garmin® confirms December 31 dividend payment
The #garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2018 as the payment date for the next dividend installment of $0.53 per share with a record date of December 14, 2018.
At the 2018 annual shareholders’ meeting, #garmin shareholders, in accordance with Swiss #corporate law, approved a cash dividend in the total amount of $2.12 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 and second payments were made on June 29, 2018 and September 28, 2018, respectively. The Board currently anticipates the scheduling of the remaining quarterly dividend installments as follows: Dividend Date Record Date $s per share March 29, 2019 March 15, 2019 $0.53 About #garmin Ltd: For decades, #garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active #lifestyle. #garmin serves five primary business units, including #automotive, aviation, fitness, marine, and outdoor recreation.
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