Cognex Declares Quarterly Cash Dividend

Rhea-AI Summary

Cognex Corporation (NASDAQ: CGNX) has declared a quarterly cash dividend of $0.06 per share, payable on September 3, 2021. Shareholders of record as of August 20, 2021 will receive this dividend. Cognex is a leader in the machine vision industry, having sold over 3 million products and generating $8 billion in revenue since its inception in 1981. Their AI-driven products aim to reduce errors in manufacturing and distribution worldwide.

Positive

• Declared a quarterly cash dividend of $0.06 per share.
• Company has shipped over 3 million products, leading to $8 billion in cumulative revenue.

Negative

• None.

Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.06 per share. This dividend is payable on September 3, 2021 to all shareholders of record at the close of business on August 20, 2021.

About Cognex

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 3 million image-based products, representing over $8 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.

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FAQ

What is the dividend amount for CGNX?

Cognex Corporation has declared a dividend of $0.06 per share.

When is the dividend payment date for CGNX?

The dividend is payable on September 3, 2021.

What is the record date for CGNX's dividend?

The record date for the dividend is August 20, 2021.

How has Cognex performed in terms of product sales?

Cognex has shipped over 3 million image-based products since 1981.