|
|
Article: Cognex Corporation Announces Dramatic Increase to Its Quarterly Cash Dividend.
- Article from:
- Business Wire
- Article date:
- July 25, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Machine Vision Company Increases Cash Dividend by 76%
NATICK, Mass. -- Cognex Corporation (NASDAQ: CGNX) announced today that the company's Board of Directors declared a quarterly cash dividend of 15 cents per share, representing a 6.5 cent, or 76%, increase over the 8.5 cent dividend paid in the prior quarter.
"This very significant dividend is a meaningful way of sharing our ongoing success with our shareholders, and it demonstrates the confidence that the Board of Directors has in Cognex's financial strength and in our long-term growth opportunities," said Dr. Robert J. Shillman, Cognex's Chief Executive Officer and Chairman. "We are able to offer ...