Gentex Corporation (NASDAQ:GNTX) Declares 3Q20 Dividend

Gentex Corporation (NASDAQ:GNTX) declared 3Q20 dividend of $ 0.12 per share, or $ 0.48 annualized.

The dividend will be payable on October 21, 2020, to stockholders of record on October 9, 2020, with an ex-dividend date of October 8, 2020.

Dividends History
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Click Here For More Historical Dividends Of Gentex Corporation

Gentex Corporation recently reported second quarter financial results on July 24, 2020, before market open, auto parts manufacturer unwinded income for the second quarter of $ 0.02 per share, from the revenue of $ 229.93 million. The quarterly earnings fell 95.24 percent while revenues decreased 50.41 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.12 per share from $ 258.60 million in revenue. The bottom line results missed street analysts by $ 0.1 or 83.33 percent, at the same time, top line results fell short of analysts by $ 28.67 million or 11.09 percent.

Stock Performance

Shares of Gentex Corporation traded low $ -0.22 or -0.80 percent on Friday, reaching $ 27.28 with volume of 2.29 million shares. Gentex Corporation has traded high as $ 27.78 and has cracked $ 27.20 on the downward trend

According to the previous trading day, closing price of $ 27.28, representing a 41.17 % increase from the 52 week low of $ 19.48 and a 12.06 % decrease over the 52 week high of $ 31.27.

The company has a market capital of $ 6.70 billion and is part of the Consumer Cyclical sector and Auto Parts industry.

Gentex Corporation provides digital vision, connected car, dimmable glass, and fire protection products worldwide. It designs, develops, manufactures, and markets automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. The company also manufactures and sells variable dimmable windows to aircraft manufacturers and airline operators.

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