dividend
confidence high
sentiment positive
materiality 0.55
Gentex declares $0.12 quarterly dividend and authorizes repurchase of 25M shares
GENTEX CORP
- Quarterly cash dividend of $0.12 per share, payable Oct 21, 2021 to holders of record Oct 8, 2021.
- Board approved new share repurchase authorization of 25 million shares.
- Since 2015, company has repurchased ~86M shares and paid ~$720M in dividends.
- CEO cites capital allocation prioritizing reinvestment, M&A, consistent dividend, and repurchase.