|USD per share|
Gentex Corp paid a total dividend of 103 million USD last year, for a market capitalization of 6,122 millions. Dividend per share of Gentex Corp is 0.36 USD, and his stock market price 21.33 USD.
According to the chart below, where dividend yield is displayed, Gentex Corp has a dividend yield of 1.69%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Gentex Corp to maintain his current dividend of USD 0.36 per share, an amount that accounts for 1.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gentex Corp payout on ernings is currently 27.91%, which is lower than the market average and companies of Consumer Goods industry, which are 39.68% and 38.65% respectively. Both figures lead us to believe that there is confidence that Gentex Corpcan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Gentex Corp is USD 1.64 per share, which is higher than the dividend per share paid by the company of USD 0.36, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Gentex Corp, compared againt world market average, USA companies, Consumer Goods industry and Automobiles and Parts sector companies. You might also need to check full financial report of Gentex Corp.
Genting. Malaysia. Consumer Services.Genting Malaysia BHD. Malaysia. Consumer Services.Genting Singapore. Singapore. Consumer Services.Genuine Parts. USA. Consumer Goods.Genworth Financial A. USA. Financials.Gerdau PN. Brazil. Basic Materials.
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