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Garmin (GRMN): A Tech-Driven Play in the Best S&P 500 Dividend Stocks
Yahoo Finance· 2025-09-24 03:05
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]
Amazon Building Team Focused on Creating ‘Entirely New Product Categories'
PYMNTS.com· 2025-05-29 23:38
Group 1 - Amazon's devices unit is forming a new team called ZeroOne, focused on creating breakthrough consumer products and entirely new product categories, led by Microsoft veteran J Allard [1][2] - The ZeroOne team is working on projects that include a new smart home product, emphasizing design thinking and rapid experimentation [2] - This development follows Amazon's recent decision to cut about 100 jobs in its devices and services unit as part of a regular business review [3] Group 2 - The devices and services unit is responsible for products like Kindle eReader, Echo smart home devices, Zoox robotaxi, and Alexa [3] - Amazon is preparing to release a "constellation" of devices powered by artificial intelligence, as stated by Panos Panay, head of the devices and services division [3][4] - The company has begun integrating AI into various devices, including Ring security cameras, Eero Wi-Fi routers, and Echo smart speakers [4]