Cognex Declares Quarterly Cash Dividend

Rhea-AI Summary

Cognex Corporation (NASDAQ: CGNX) has declared a quarterly cash dividend of $0.065 per share, payable on March 18, 2022, for shareholders of record as of March 4, 2022. This announcement reflects the company's ongoing commitment to returning value to its investors. Cognex is a leader in the machine vision industry with over $9 billion in cumulative revenue from more than 3 million shipped products since its founding in 1981. The company specializes in AI-driven image-based products designed to enhance operational efficiency in factories and distribution centers worldwide.

Positive

• Quarterly cash dividend of $0.065 per share demonstrates commitment to shareholder value.
• Strong historical performance with over $9 billion in cumulative revenue.
• Industry leadership with more than 3 million image-based products shipped.

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 March 18, 2022 to all shareholders of record at the close of business on March 4, 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/20220217005624/en/

Susan Conway

Investor Relations

+1 508-650-3353

susan.conway@cognex.com

Source: Cognex Corporation

FAQ

What is the dividend amount declared by Cognex Corporation?

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

When will the dividend be paid to shareholders?

The dividend will be paid on March 18, 2022.

Who is eligible for the dividend?

Shareholders of record as of March 4, 2022, are eligible for the dividend.