What is Gentex current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
|Gentex Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Auto Components)||2.7%|
|Analyst forecast in 3 Years (GNTX)||2.1%|
Notable Dividend: GNTX's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: GNTX's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (4.57%).
Stability and Growth of Payments
Stable Dividend: GNTX's dividends per share have been stable in the past 10 years.
Growing Dividend: GNTX's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), GNTX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.4%), GNTX's dividend payments are covered by cash flows.