Gentex Corp (GNTX) Raises Quarterly Dividend 4.5% to $0.115; Approves 25M Share Buyback

Gentex Corp (NASDAQ: GNTX) declared a quarterly dividend of $0.115 per share, or $0.46 annualized. This is a 4.5% increase from the prior dividend of $0.11.

The dividend will be payable on April 24, 2019, to stockholders of record on April 10, 2019, with an ex-dividend date of April 9, 2019.

The annual yield on the dividend is 2.2 percent.

Also, at its most recent meeting, the Board of Directors authorized the purchase of an additional 25 million shares of its common stock. This new share repurchase authorization is in addition to those shares that were previously authorized for repurchase. The Company may vary the level of share repurchases from time to time, depending on macroeconomic issues, market trends and other factors that the Company deems appropriate.

For a dividend history and other dividend-related data on Gentex Corp (GNTX) click here.

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