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Garmin saw increased investor stakes despite slight earnings miss, announcing a $0.90 quarterly dividend.
Several institutional investors have recently increased their stakes in Garmin Ltd., including BSW Wealth Partners and Diversified Trust Co. Garmin reported a slight miss on earnings per share, at $1.61 compared to the expected $1.62, with a revenue of $1.54 billion.
The company's stock has a market cap of $40.14 billion and a P/E ratio of 27.43.
Garmin also announced a quarterly dividend of $0.90.
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Garmin vio un aumento en las apuestas de los inversores a pesar de una ligera falta de ganancias, anunciando un dividendo trimestral de $0.90.