Garmin's (GRMN) shareholders have approved a $0.05/share hike in the company's quarterly...

|About: Garmin Ltd. (GRMN)|By:, SA News Editor

Garmin's (GRMN) shareholders have approved a $0.05/share hike in the company's quarterly dividend to $0.45/share. With the increase, Garmin, which has stabilized its business by lowering its dependence on the declining automotive and handheld GPS markets, sports an annual yield of 4.3%. (PR)