Gentex Stock To Go Ex-dividend Tomorrow (GNTX)

NEW YORK ( TheStreet) -- The ex-dividend date for Gentex Corporation (Nasdaq: GNTX) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $24.60 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Gentex has been 754,300 shares per day over the past 30 days. Gentex has a market cap of $4.4 billion and is part of the consumer goods sector and automotive industry. Shares are down 17.2% year to date as of the close of trading on Friday.

Gentex Corporation designs, develops, manufactures, and markets electro-optical products for the automotive, commercial building, and aircraft industries primarily in the United States, Germany, and Japan. The company has a P/E ratio of 21.4, below the average automotive industry P/E ratio of 27.4 and above the S&P 500 P/E ratio of 17.7.

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, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Gentex Ratings Report.

See our dividend calendar or top-yielding stocks list.
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