Gentex Increases Quarterly Cash Dividend Eight Percent
Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, today announced that its Board of Directors approved an eight percent increase in its quarterly cash dividend rate from $0.12 (12 cents) to $0.13 (13 cents) per share. The Board subsequently declared a quarterly cash dividend of $0.13 per share that will be payable April 20, 2012, to shareholders of record of the common stock at the close of business on April 5, 2012. The dividend yield will be approximately two percent.
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