Gentex Corporation's board of directors approves dividend rate increase

Gentex Corporation, the Zeeland-based supplier of automatic-dimming rearview mirrors, announced Tuesday, Aug. 19, that its board of directors approved a 5 percent increase in its quarterly cash dividend rate from 10.5 cents to 11 cents per share.

The board declared a quarterly cash dividend of 11 cents per share that will be payable Oct. 17.