UPDATE 1-Gentex raises dividend, cuts shipment forecast

Newswire

(Adds details) NEW YORK, Aug 18 (Reuters) - Manufacturer Gentex Corp. said on Wednesday its board approved a 13 percent increase in the quarterly dividend, to 17 cents a share, but it lowered its shipment expectations for the third quarter. The company said the dividend will be payable Oct. 21 to shareholders of record at the close of Oct. 7. The Zeeland, Michigan-based maker of automatic-dimming rearview mirrors and commercial fire protection said it sees third-quarter auto-dimming ...

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