GRMN Dividend Calculator
Calculate how much dividend income Garmin Ltd. (GRMN) could generate with reinvestment. Pre-loaded with GRMN's current 1.47% yield and 7.2% dividend growth rate.
Dividend Yield: 1.47%
Annual Dividend: $4.20 per share
Share Price: $284.79
Payout Ratio: 38.7%
GRMN DRIP Calculator
Model GRMN dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 7.2% per year
What If You Invested $1,000 in GRMN 10 Years Ago?
A $1,000 investment in GRMN on 2016-06-30 would be worth $8,641.43 today with dividends reinvested (DRIP), a total return of 764.1%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $7,212.4 (621.2% return). Reinvesting dividends added $1,429.03 in extra value.
Starting share price: $42.42 — Current share price: $268.36
Frequently Asked Questions
- What is GRMN's current dividend yield?
- GRMN (Garmin Ltd.) currently has a dividend yield of 1.47%. This means for every $10,000 invested, you would receive approximately $147 per year in dividend income before taxes.
- How much GRMN do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from GRMN at its current yield of 1.47%, you would need approximately $816,327 invested. With dividend reinvestment and growth, you may need less over time.
- Does GRMN pay monthly dividends?
- No, GRMN pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is GRMN's dividend safe?
- GRMN's payout ratio is 38.7%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is GRMN's dividend growth rate?
- GRMN's 5-year dividend compound annual growth rate (CAGR) is approximately 7.2% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in GRMN 10 years ago be worth today?
- A $1,000 investment in GRMN on 2016-06-30 would be worth approximately $8,641.43 today with dividends reinvested (DRIP), a 764.1% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $7,212.4 — meaning DRIP added $1,429.03 in extra value.
See full dividend history and analysis on the GRMN dividend page.