Garmin (GRMN): A Tech-Driven Play in the Best S&P 500 Dividend Stocks

Group 1 - Garmin Ltd. is recognized as one of the 10 Best S&P 500 Dividend Stocks to invest in, highlighting its strong position in the market [1] - The company employs a diversification strategy to mitigate risks by spreading its revenue sources across various sectors, including fitness trackers and automotive navigation systems [2] - Innovation is a key driver of Garmin's growth, supported by significant investment in Research and Development, and a vertically integrated manufacturing setup that allows for rapid product introduction while maintaining high quality [3] Group 2 - Garmin currently offers a quarterly dividend of $0.90 per share, which was increased by 20% in June, extending its dividend growth streak to 23 years [4] - The stock has a dividend yield of 1.53% as of September 21, making it an attractive option for dividend investors [4]