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

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

Gentex Announces Increase in Quarterly Cash DividendĀ and Additional Share Repurchase Authorization

March 8, 2019 8:00 AM EST

ZEELAND, Mich., March 08, 2019 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, and fire protection products, today reported that its Board of Directors recently authorized an increase of 5% to the quarterly cash dividend to $0.115 (11.5 cents) per share.

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... More