NEW YORK ( TheStreet) -- The ex-dividend date for Gentex Corporation (Nasdaq: GNTX) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $22.59 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Gentex has been 812,700 shares per day over the past 30 days. Gentex has a market cap of $3.4 billion and is part of the consumer goods sector and automotive industry. Shares are down 22.2% year to date as of the close of trading on Monday.

Gentex Corporation designs, develops, manufactures, and markets electro-optical products to automotive, commercial building, and aircraft industries in the United States and internationally. The company has a P/E ratio of 22.5, below the average automotive industry P/E ratio of 22.7 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Gentex as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Gentex Ratings Report.

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