GARMIN LTD shareholders Q3 2023

About GARMIN LTD

Garmin Ltd. is a multinational technology company that specializes in GPS technology for automotive, aviation, marine, outdoor, and sports activities. The company was founded in 1989 and is headquartered in Switzerland. Garmin has a strong reputation for producing high-quality GPS devices that are reliable and accurate.

Garmin has a diverse range of products that cater to different markets. The company's automotive GPS devices are popular among drivers who want to navigate unfamiliar roads. Garmin's aviation GPS devices are used by pilots to navigate and communicate with air traffic control. The company's marine GPS devices are used by boaters to navigate and stay safe on the water. Garmin's outdoor GPS devices are popular among hikers, campers, and hunters who want to explore the great outdoors. Finally, Garmin's sports GPS devices are used by athletes to track their performance and improve their training.

Garmin has a strong financial position, with a market capitalization of over $20 billion. The company has a solid balance sheet and generates strong cash flows. Garmin has a history of paying dividends to its shareholders, which is a sign of its financial strength and stability.

In conclusion, Garmin is a well-established technology company that has a strong reputation for producing high-quality GPS devices. The company has a diverse range of products that cater to different markets, and it has a strong financial position. Investors who are interested in the technology sector may want to consider adding Garmin to their portfolio.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.