Cognex Corporation Increases Quarterly Cash Dividend to $0.09 Per Share (CGNX)

Cognex Corporation CGNX announced today that the company's Board of Directors declared a quarterly cash dividend of $0.09 per share. This dividend represents an increase of $0.01 per share, or 12.5%, over the $0.08 per share dividend paid in the prior quarter. “Based upon the positive tone of business, the Board of Directors has decided to increase the quarterly dividend,” said Dr. Robert J. Shillman, Chairman of Cognex Corporation. “This is the third dividend increase in the past twelve months, and it demonstrates the continued confidence that the Board has in Cognex's financial strength and business outlook.”