Garmin Ltd GRMN appears to be on a promising trajectory, with numerous noteworthy occurrences. The company is boosting its dividend to $0.90, an increase of 20% amid a robust outlook. Major milestones outlined include the introduction of Venu X1, an ultrathin smartwatch with an industry-leading 2-inch display, the launch of Tread 2 - Overland and SxS editions, G5000 PRIME, a Flight Deck launching 100x faster processing to commercial aviation, and the GPSMAP 15x3 chartplotter with a 15\" ultrawide premium display. Garmin's first quarter 2025 results and earnings call is scheduled. Reports indicate a top momentum stock for the long-term, despite stock weaknesses hinted by insider sells of US$4.3m. A 57% ownership by institutional entities and increased dividend have got shareholders at a crossroads. Collaboration with Qualcomm has led to the AI-Powered Digital Cockpit, Unified Cabin 2025. Garmin shows promising quarterly dividend projections up to March 2026. There will be Garmin Marathon series, and its product innovation continues with SmartCharts, notable increase in revenues, expansion in avionics database solutions for South Pacific among others.
Garmin Ltd GRMN News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Fri, 13 Jun 2025 22:15:00 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -4
