Cognex Corp (CGNX) Raises Quarterly Dividend 13.3% to $0.085; 0.4% Yield

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Go back to Cognex Corp (CGNX) Raises Quarterly Dividend 13.3% to $0.085; 0.4% Yield

Cognex Increases Quarterly Cash Dividend

May 1, 2017 8:06 AM EDT

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) announced today that the companys Board of Directors declared a quarterly cash dividend of $0.085 per share, payable on June 16, 2017 to all shareholders of record at the close of business on June 2, 2017. This dividend represents an increase of $0.01 per share, or 13%, over the $0.075 per share dividend paid in the prior quarter.

Over the past decade, Cognex has returned approximately $200 million to shareholders in the form of cash dividends, while continuing to invest in new product development, expand our sales organization and to close a number of... More