Cognex Co. ( NASDAQ:CGNX – Get Rating ) announced a quarterly dividend on Thursday, May 4th, Zacks reports. Investors of record on Friday, May 19th will be paid a dividend of 0.07 per share by the scientific and technical instruments company on Friday, June 2nd. This represents a $0.28 annualized dividend and a yield of 0.57%. The ex-dividend date is Thursday, May 18th. Cognex has raised its dividend by an average of 8.9% per year over the last three years and has increased its dividend every year for the last 8 years.

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