Scalability of the Business Model and Shareholder Participation Drive Stock Towards All-Time High!
Increasing dividend payouts and a new share buyback program engage investors in the success of the growth story!
In a challenging overall market environment, Garmin is purposefully trending towards new record highs!
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On February 18, Garmin Ltd. (GRMN) (i.) caught the attention of investors. The company successfully increased its revenue in the fourth quarter by 16.6% compared to the same period last year, reaching 2.125 billion USD, and improved its EPS by 15.8% to 2.79 USD. This exceeded analysts' expectations and demonstrated the scalability of the business model. To share the successes with investors, the quarterly dividend was raised to 1.05 USD per share, and a new 500-million USD share buyback program was announced until 2028. Following this news, the...
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