NATICK,
Mass., Oct. 30, 2024 /PRNewswire/
-- Cognex Corporation (NASDAQ: CGNX) today announced
that the company's Board of Directors declared a quarterly cash
dividend of $0.08 per share, payable
on November 29, 2024 to all
shareholders of record at the close of business on November 14, 2024. This dividend represents an
increase of $0.005 per share, or
approximately 7%, over the $.075 per
share dividend paid in the prior quarter.
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 4.5 million image-based products,
representing over $11 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.
Investor Contacts:
Nathan McCurren – Head of Investor
Relations
Jordan Bertier – Sr. Manager,
Investor Relations
Cognex Corporation
ir@cognex.com
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SOURCE Cognex Corporation