SOURCE: Gentex Corporation

Gentex Corporation

May 19, 2016 16:30 ET

Gentex Announces Increase in Quarterly Cash Dividend Rate

ZEELAND, MI--(Marketwired - May 19, 2016) -  Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automotive automatic-dimming rearview mirrors, automotive electronics, dimmable aircraft windows, and fire protection products, today reported that its Board of Directors approved an increase in its quarterly cash dividend to $0.09 per share. The Board subsequently declared a quarterly cash dividend of $0.09 per share that will be payable July 20, 2016, to shareholders of record of the common stock at the close of business on July 7, 2016.

The Company is pleased to announce an increase in the dividend rate due to its ongoing growth and financial success. Our management and board of directors believe in the value placed on dividends by the shareholder. The Company has a long history of paying out a significant portion of our earnings in dividends, since more favorable tax treatment was implemented in 2003.

About The Company
Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the Company's web site at www.gentex.com

Contact Information

  • Contact Information:
    Gentex Investor & Media Contact
    Josh O'Berski
    616-772-1590 x5814