Garmin Ltd.(NASDAQ:GRMN) Declares Dividend of $0.5100.

Garmin Ltd. (NASDAQ:GRMN) had declared a cash dividend of $0.5100 on Jun 10, 2016. The shares will quote ex-dividend on Jun 16, 2016 and the record date has been fixed for Jun 20, 2016. On Jun 10, 2016 share price, the yield comes out to be 4.7989%. The dividend payable date has been fixed on Jun 30, 2016.

Garmin Ltd. (GRMN) shares turned negative on Wednesdays trading session with the shares closing down -0.31 points or -0.73% at a volume of 7,29,063. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $42.85. The peak price level was also seen at $42.85 while the days lowest was $42.15. Finally the shares closed at $42.22. The 52-week high of the shares is $47.27 while the 52-week low is $30.93. According to the latest information available, the market cap of the company is $7,988 M.

Garmin Ltd.(GRMN) last announced its earnings results on Apr 27, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $624.04M. Analysts had an estimated revenue of $585.89M. Earnings per share were $0.49. Analysts had estimated an EPS of $0.42.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, Pao-chang Huang (General Manager – Garmin Corp.) sold 7,200 shares at $40.68 per share price.Also, On Dec 16, 2015, Clifton A Pemble (President and CEO) sold 2,026 shares at $34.87 per share price.On Dec 8, 2015, Philip Straub (VP, Man. Director – Aviation) sold 1,914 shares at $37.92 per share price, according to the Form-4 filing with the securities and exchange commission.

Garmin Ltd. (Garmin) is a provider of navigation communications and information devices which are enabled by Global Positioning System (GPS) technology. The Company operates through five business segments: marine outdoor fitness automotive/mobile and aviation markets. It designs develops manufactures markets and distributes a family of hand-held wearable portable and fixed-mount GPS-enabled products and other navigation communications sensor-based and information products. It offers a range of automotive navigation products as well as a range of products and applications designed for the mobile GPS market. It offers a range of products designed for use in outdoor activities. It offers a range of products designed for use in fitness and activity tracking. Garmin offers a range of products designed for use in the recreational marine industry. Garmin’s aviation product line includes GPS-enabled navigation and electronic flight instrumentation systems (EFIS) among others.

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