NATICK, Mass.--(BUSINESS WIRE)--
Cognex Corporation (
NASDAQ: CGNX) announced today that the company's
Board of Directors increased its quarterly cash dividend to
$0.075 per
share. This dividend is payable on
June 17, 2016 to all shareholders of
record at the close of business on
June 3, 2016.
"Cognex declared its first dividend in the third quarter of 2003, and to
date we have paid more than $200 million in dividends to shareholders,"
said Dr.
Robert J. Shillman, Chairman of Cognex. "We are pleased that the
strength of our balance sheet and consistent cash generation from
operations has enabled us to return cash to shareholders."
About Cognex Corporation
Cognex Corporation designs, develops, manufactures and markets a range
of products that incorporate sophisticated machine vision technology
that gives them the ability to "see." Cognex products include barcode
readers, machine vision sensors and machine vision systems that are used
in factories, warehouses and distribution centers around the world to
guide, gauge, inspect, identify and assure the quality of items during
the manufacturing and distribution process. Cognex is the world's leader
in the machine vision industry, having shipped more than 1 million
vision-based products, representing over $4 billion in cumulative
revenue, since the company's founding in 1981. Headquartered in Natick,
Massachusetts, USA, Cognex has regional offices and distributors located
throughout the Americas, Europe and Asia. For details visit Cognex
online at http://www.cognex.com.
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Cognex Corporation
Susan Conway, 508-650-3353
Senior Director
of Investor Relations
susan.conway@cognex.com
Source: Cognex Corporation
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