Cognex Declares Quarterly Cash Dividend

Rhea-AI Summary

Cognex Corporation (NASDAQ: CGNX) has declared a quarterly cash dividend of $0.065 per share. This dividend is payable on September 2, 2022, to shareholders of record at the close of business on August 19, 2022. Cognex is a global leader in the machine vision industry, having shipped over 3 million image-based products since its inception in 1981, totaling more than $9 billion in cumulative revenue. The company specializes in products that utilize artificial intelligence for decision-making in production and shipping processes.

Positive

• Quarterly cash dividend of $0.065 per share enhances shareholder income.
• Cognex maintains leadership in the machine vision industry with over $9 billion in cumulative revenue.

Negative

• None.

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.065 per share, payable on September 2, 2022 to all shareholders of record at the close of business on August 19, 2022.

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 $9 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/20220802005832/en/

Susan Conway

Investor Relations

+1 508-650-3353

susan.conway@cognex.com

Source: Cognex Corporation

FAQ

What is the dividend amount announced by Cognex Corporation?

Cognex Corporation announced a quarterly cash dividend of $0.065 per share.

When is the dividend payable for Cognex Corporation?

The dividend is payable on September 2, 2022.

What date do you need to own shares to receive the Cognex dividend?

Shareholders must be on record by the close of business on August 19, 2022.

How does Cognex Corporation's dividend impact investors?

The dividend provides a direct income stream for investors, indicating company confidence.

How long has Cognex Corporation been in business?

Cognex Corporation was founded in 1981.