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Cognex Corporation (NASDAQ: CGNX) declared a quarterly cash dividend of $0.07 per share, scheduled for payment on March 17, 2023. Shareholders of record by March 3, 2023 will receive this dividend, highlighting the company's commitment to returning value to its investors. Cognex, a leader in the machine vision industry, has shipped over 4 million products, generating more than $10 billion in cumulative revenue since its inception in 1981. The company focuses on enhancing manufacturing efficiency through advanced visual technologies across various industrial sectors.
Positive
Quarterly cash dividend of $0.07 per share announced.
Shareholders receive dividend on March 17, 2023.
Strong historical performance with over $10 billion in cumulative revenue.
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None.
NATICK, Mass.--(BUSINESS WIRE)--
Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on March 17, 2023 to all shareholders of record at the close of business on March 3, 2023.
About Cognex
Cognex Corporation (“the Company” or “Cognex”) invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.
Cognex is the world's leader in the machine vision industry, having shipped more than 4 million image-based products, representing over $10 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.
