NATICK, MA, USA May 02, 2011
Cognex Corporation Increases Quarterly Cash Dividend
NATICK, MA, May 2, 2011 — Cognex Corporation (NASDAQ: CGNX) announced today that the company’s Board of Directors declared a quarterly cash dividend of $0.09 per share. This dividend represents an increase of $0.01 per share, or 12.5%, over the $0.08 per share dividend paid in the prior quarter.
“Based upon the positive tone of business, the Board of Directors has decided to increase the quarterly dividend,” said Dr. Robert J. Shillman, Chairman of Cognex Corporation. “This is the third dividend increase in the past twelve months, and it demonstrates the continued confidence that the Board has in Cognex’s financial strength and business outlook.”
The dividend announced today is payable on June 17, 2011, to all shareholders of record at the close of business on June 3, 2011.
Director of Investor Relations
Telephone: (508) 650-3353