Cognex Corporation CGNX today announced that the company's Board of Directors declared a quarterly cash dividend of $0.055 per share, payable on November 29, 2019 to all shareholders of record at the close of business on November 15, 2019. This dividend represents an increase of $0.005 per share, or 10%, over the $0.05 per share dividend paid in the prior quarter.
About Cognex Corporation
Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include machine vision systems, machine vision sensors and barcode readers that are used in factories and distribution centers around the world where they eliminate production and shipping errors.
Cognex is the world's leader in the machine vision industry, having shipped more than 2 million image-based products, representing over $6 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe and Asia. For details visit Cognex online at www.cognex.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191028005671/en/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
