Garmin® confirms December 29 dividend payment

The Garmin Ltd. (NASDAQ: GRMN) board of directors has established
December 29, 2017 as the payment date for the next dividend installment
of $0.51 per share with a record date of December 15, 2017. At the 2017
annual shareholders’ meeting, Garmin shareholders, in accordance with
Swiss corporate law, approved a cash dividend in the total amount of
$2.04 per share (subject to possible adjustment based on the total
amount of the dividend in Swiss Francs), payable in four equal
installments on dates to be determined by the board in its discretion.
The first and second payments were made on June 30, 2017 and September
29, 2017, respectively. The board currently anticipates the scheduling
of the remaining quarterly dividend installment as follows:

Dividend Date

Record Date

$s per share

March 30, 2018 March 15, 2018 $0.51

About Garmin Ltd: For decades, Garmin has pioneered new GPS
navigation and wireless devices and applications that are designed for
people who live an active lifestyle. Garmin serves five primary business
units, including automotive, aviation, fitness, marine, and outdoor
recreation. For more information, visit Garmin’s virtual pressroom at,
contact the Media Relations department at 913-397-8200, or follow us at,,

Garmin Ltd. is incorporated in Switzerland, and its principal
subsidiaries are located in the United States, Taiwan and the United
Kingdom. Garmin is a registered trademark of Garmin Ltd.

Notice on Forward-Looking Statements: This release includes
projections and other forward-looking statements regarding Garmin Ltd.
and its business. Such statements are based on management’s current
expectations. The forward-looking events and circumstances discussed in
this release may not occur and actual results could differ materially as
a result of known and unknown risk factors and uncertainties affecting
Garmin, including, but not limited to, the risk factors listed in the
Annual Report on Form 10-K for the year ended December 31, 2016, filed
by Garmin with the Securities and Exchange Commission (Commission file
number 0-31983). A copy of such Form 10-K is available at
No forward-looking statement can be guaranteed. Forward-looking
statements speak only as of the date on which they are made and Garmin
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.



Garmin InternationalInvestor Relations Contact: Teri Seck, 913-397-8200 [email protected] or Media Relations Contact: Ted Gartner, 913-397-8200 [email protected]