Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) Dividend Coverage Ratio (2010 - 2026)

Garmin's (GRMN) quarterly Dividend Coverage Ratio came in at 2.68 in Q2 2026, up 15.68% year-over-year from 2.31 in Q2 2025, and up 14.77% quarter-over-quarter from 2.33 in Q1 2026.

Analysis

Garmin (GRMN) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends

Garmin has disclosed Dividend Coverage Ratio across 17 years of filings, most recently posting 2.68 for Q2 2026.

  • In Q2 2026, Dividend Coverage Ratio rose 15.68% year-over-year to 2.68; the TTM figure through Jun 2026 stood at 2.6 (up 6.5% YoY), while the FY2025 annual figure was 2.51, up 8.53% from the prior year.
  • Dividend Coverage Ratio came in at 2.68 for Q2 2026 at Garmin, up from 2.33 in the prior quarter.
  • In the past five years, Dividend Coverage Ratio ranged from a high of 3.06 in Q4 2025 to a low of 1.15 in Q4 2022.
  • Average Dividend Coverage Ratio over 5 years is 2.14, with a median of 2.19 recorded in 2024.
  • Year-over-year, Dividend Coverage Ratio retreated 26.31% in 2022 and jumped 130.55% in 2023.
  • Over 5 years, Dividend Coverage Ratio stood at 1.15 in 2022, then jumped by 130.55% to 2.66 in 2023, then fell by 9.53% to 2.4 in 2024, then increased by 27.16% to 3.06 in 2025, then slipped by 12.41% to 2.68 in 2026.
  • Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 2.68 in Q2 2026, 2.33 in Q1 2026, and 3.06 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn 7.45
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 2.68
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 -
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn -
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn -
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 2.68
Mar 28, 2026 2.33
Dec 27, 2025 3.06
Sep 27, 2025 2.32
Jun 28, 2025 2.31
Mar 29, 2025 2.30
Dec 28, 2024 2.40
Sep 28, 2024 2.77
Jun 29, 2024 2.09
Mar 30, 2024 1.97
Dec 30, 2023 2.66
Sep 30, 2023 1.84
Jul 1, 2023 2.06
Apr 1, 2023 1.45
Dec 31, 2022 1.15
Sep 24, 2022 1.50
Jun 25, 2022 1.99
Mar 26, 2022 1.64
Dec 25, 2021 1.22
Sep 25, 2021 2.01