Gentex (Gentex) Dividend Payout Ratio : 0.25 (As of Dec. 2023)

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What is Gentex Dividend Payout Ratio?

Gentex's dividend payout ratio for the months ended in Dec. 2023 was 0.25.

The historical rank and industry rank for Gentex's Dividend Payout Ratio or its related term are showing as below:

GNTX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.31 Max: 0.4
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Gentex was 0.40. The lowest was 0.21. And the median was 0.31.

GNTX's Dividend Payout Ratio is ranked better than
52.42% of 744 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs GNTX: 0.27

As of today (2024-04-25), the Dividend Yield % of Gentex is 1.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gentex was 2.51%. The lowest was 1.15%. And the median was 1.78%.

Gentex's Dividends per Share for the months ended in Dec. 2023 was $0.12.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gentex was 35.10% per year. The lowest was -0.50% per year. And the median was 7.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Gentex Dividend Payout Ratio Historical Data

The historical data trend for Gentex's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gentex Dividend Payout Ratio Chart

Gentex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.28

0.34

0.40

0.36

0.27

Gentex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	0.29	0.26	0.28	0.25

Competitive Comparison of Gentex's Dividend Payout Ratio

For the Auto Parts subindustry, Gentex's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gentex's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentex's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gentex's Dividend Payout Ratio falls into.

Gentex Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gentex's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.48	/	1.79
	=	0.27

Gentex's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.12	/	0.486
	=	0.25

Gentex (NAS:GNTX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Gentex Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gentex's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gentex (Gentex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentex Corp (NAS:GNTX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GTX:Germany

Address

600 North Centennial Street, Zeeland, MI, USA, 49464

Website

https://www.gentex.com

Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.

Executives

Anderson Joseph B Jr	director	MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Kathleen Starkoff	director	4304 SUNBURY ROAD, GALENA OH 43021-9318
Gary F Goode	director	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
James A Hollars	director	23880 MESSINA COURT, BONITA SPRINGS FL 34134
Richard O Schaum	director	388 WARREN COURT, BIRMINGHAM MI 48009
Neil Boehm	officer: Chief Technology Officer	600 N. CENTENNIAL STREET, ZEELAND MI 49464
Scott P Ryan	officer: General Counsel	7592 KIRKWOOD TRAIL SE, ALTO MI 49302
Steven R Downing	officer: Chief Financial Officer	14814 CREEK EDGE DRIVE, HOLLAND MI 49424
James H Wallace	director	2625 WYNDBEND BLVD, POWELL OH 43065
John A Mulder	director	16680 LYONHURST CIRCLE, NORTHVILLE MI 48167
Ling Zang	director	6291 SHENANDOAH PARK AVE, SALT LAKE CITY UT 84121
Matthew Chiodo	officer: Vice President of Sales	600 N. CENTENNIAL STREET, ZEELAND MI 49464
Kevin C Nash	officer: Chief Accounting Officer	2608 104TH AVENUE, ZEELAND MI 49464
Frederick A Sotok	director
Brian C Walker	director