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Cognex's board ups quarterly cash dividend to USD0.085 per share.

M2 EQUITYBITES-May 2, 2017-Cognex's board ups quarterly cash dividend to USD0.085 per share

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Cognex Corporation (Nasdaq:CGNX) announced on Monday that its board of directors approved a quarterly cash dividend of USD0.085 per share.

This dividend is payable on 16 June 2017 to all shareholders of record at the close of business on 2 June 2017.

The company added that this dividend represents an increase of USD0.01 per share, or 13%, over the USD0.075 per share dividend paid in the prior quarter.

Cognex Corporation designs, develops, manufactures and markets a range of products, all of which 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 centres around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process.

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Publication:M2 EquityBites (EQB)
Date:May 2, 2017
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