Gentex Corp (GNTX) Raises Quarterly Dividend 4.3% to $0.12; 1.9% Yield
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Gentex Announces 4% Increase in Quarterly Cash Dividend
March 9, 2020 8:00 AM EDTZEELAND, Mich., March 09, 2020 (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 4% to the quarterly cash dividend, raising it to $0.12 (12 cents) per share.
2019 was a challenging year for the industry, with large reductions in global light vehicle production and the strike that impacted the third and fourth quarters of 2019. Despite the end market weakness, the Company posted out-performance against our markets of approximately 7% for the... More
