Welcome to our dedicated page for Garmin news (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin stock.
Garmin Ltd. (GRMN) delivers innovative GPS technology across fitness, aviation, marine, automotive, and outdoor markets. This news hub provides investors and industry professionals with essential updates on corporate developments, product innovations, and market strategies.
Access real-time press releases and curated analysis covering earnings reports, strategic partnerships, and technology advancements. Our aggregation ensures you stay informed about regulatory filings, leadership changes, and sector-specific breakthroughs without promotional bias.
Key coverage areas include wearable tech launches, aviation system certifications, marine navigation updates, and automotive OEM collaborations. Bookmark this page for streamlined tracking of GRMN's operational milestones and financial disclosures.
Garmin announced its new 2021 voice-controlled Dash Cam series, featuring models Mini 2, 47, 57, and 67W. These compact dash cams capture incidents and store videos in Garmin's online Vault. Key features include HD recording, Live View monitoring, and advanced alerts for parked vehicles. The series offers pricing from $129.99 to $259.99. The Dash Cams are equipped with Garmin Clarity HDR optics and voice control in multiple languages, enhancing user experience. Available now, these devices aim to bolster driver safety and peace of mind.
Garmin announced the 2021 Garmin Health Awards, recognizing innovative uses of its wearable technology in health and wellness programs. The awards feature three categories: Health Care, Insurance, and Engagement. Winners will be revealed at the Garmin Health EMEA Summit on Oct. 28-29, with each recipient awarded 50 Venu Sq smartwatches valued at approximately $10,000. The submission period runs from June 8 to July 31, 2021. Garmin emphasizes the importance of integrating physiological data with solutions, aiming to foster long-term health benefits.
Garmin Ltd. (NASDAQ:GRMN) announced at its annual shareholders’ meeting the approval for a cash dividend of $2.68 per share, payable in four quarterly installments. The first installment of $0.67 will be paid on June 30, 2021, with a record date of June 15, 2021. Subsequent dividends are scheduled for September 30, December 31, and March 31 of 2022, maintaining the same dividend amount. Shareholders are advised that the dividend is subject to adjustments if the Swiss Franc weakens significantly against the USD.
Garmin has been awarded the prestigious 2020 Robert J. Collier Trophy for its groundbreaking Autoland system, recognized as the first certified autonomous technology that can safely land an aircraft without human intervention. The system provides critical safety enhancements, especially during emergencies such as pilot incapacitation. Several aircraft have received Type Certification for Autoland, including Piper Aircraft's M600 SLS and Cirrus Aircraft's Vision Jet. The award highlights Garmin's commitment to innovation in aviation safety.
Garmin introduces the Forerunner 945 LTE, a premium GPS smartwatch designed for athletes, featuring LTE connectivity for enhanced safety and tracking without the need for a phone. Key features include emergency assistance, real-time tracking for family, and detailed training data. The watch offers personalized workouts, various sports apps, and health monitoring tools such as sleep tracking and blood oxygen levels. Available for $649.99 in the U.S. and Canada, it aims to elevate performance for runners and cyclists while ensuring safety during workouts.
Garmin International has formed a partnership with Deutsche Aircraft to supply the innovative Garmin G5000 integrated flight deck for the upcoming D328eco Companion flight deck. The D328eco aims to deliver more sustainable regional air transport solutions by 2025. Garmin's G5000 system will simplify flight operations, enhance situational awareness, and incorporate advanced technologies such as synthetic vision and weather radar. This collaboration marks a significant development in the regional airline segment, providing state-of-the-art capabilities to improve safety and efficiency.
Garmin announced its acquisition of AeroData, a leader in aircraft performance software for commercial and business aviation. AeroData's product range includes runway analysis, weight and balance, and automated load planning, serving over 135 airlines globally. The acquisition strengthens Garmin's position in commercial aviation and enhances its digital services portfolio. AeroData operates from Scottsdale, Arizona, and the financial terms of the acquisition remain undisclosed. This strategic move aims to expand Garmin's reach in providing performance data for over 20,000 commercial flights daily.
Garmin International, Inc. has launched a new children’s book titled Women of Adventure: Being Brave in a Big World. This book features inspiring stories of six notable women who triumphed over challenges, showcasing diversity and resilience. Written and illustrated by Garmin associates, it aims to encourage children to explore their passions and fosters learning about science and the outdoors. The book is available for $14.99 on garmin.com, promoting outdoor activity and self-belief among young readers. Garmin emphasizes its commitment to innovation and adventure.
Garmin has launched the Descent Mk2S, a compact dive computer designed for women and those with smaller wrists. The device features a 1.2-inch sapphire display and supports multiple dive modes, tracking data for up to 200 dives. It includes wellness tracking, a variety of sports apps, and advanced metrics for activities like surfing and mountain biking. Priced at $999.99, the Mk2S combines functionality with style, making it suitable for both diving and daily wear.
