The Garmin, Ltd.’s board of directors has established September 30, 2020 as the payment date for the next dividend installment of 61 cents per share with a record date of September 15, 2020.

At the 2020 annual shareholders’ meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.44 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35 percent 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, 2020.

Image courtesy Garmin