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Cognex (Cognex) 3-Year Dividend Growth Rate : 8.20% (As of Mar. 2024)


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What is Cognex 3-Year Dividend Growth Rate?

Cognex's Dividends per Share for the three months ended in Mar. 2024 was $0.08.

The historical rank and industry rank for Cognex's 3-Year Dividend Growth Rate or its related term are showing as below:

CGNX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -23.7   Med: 9.35   Max: 74.2
Current: 8.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cognex was 74.20% per year. The lowest was -23.70% per year. And the median was 9.35% per year.

CGNX's 3-Year Dividend Growth Rate is ranked worse than
61.49% of 901 companies
in the Hardware industry
Industry Median: 13.3 vs CGNX: 8.20

During the past 12 months, Cognex's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cognex's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.32. As of today, Cognex's Dividend Yield % is 0.66%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cognex's 3-Year Dividend Growth Rate

For the Scientific & Technical Instruments subindustry, Cognex's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cognex's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cognex's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cognex's 3-Year Dividend Growth Rate falls into.



Cognex 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cognex  (NAS:CGNX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cognex's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.075/ 0.057
=1.32

During the past 13 years, the highest Dividend Payout Ratio of Cognex was 0.55. The lowest was 0.16. And the median was 0.19.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cognex Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0750002024-02-282024-02-292024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.0750002023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-05-182023-05-192023-06-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cognex's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.29/43.79
=0.66 %

Current Share Price is $43.79.
Cognex's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.29.

During the past 13 years, the highest Dividend Yield of Cognex was 1.02%. The lowest was 0.14%. And the median was 0.39%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cognex 3-Year Dividend Growth Rate Related Terms>


Cognex (Cognex) Business Description

Industry
Traded in Other Exchanges
Address
One Vision Drive, Natick, MA, USA, 01760-2059
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the largest proportion of its sales in the United States and Europe.
Executives
Angelos Papadimitriou director 1 VISION DRIVE, NATICK MA 01760
Patrick Alias director
Theodor Krantz director ONE VISION DRIVE, NATICK MA 01760
Joerg Kuechen officer: Chief Technology Officer 1 VISION DRIVE, NATICK MA 01760
Paul Todgham officer: SVP, CFO 1 VISION DRIVE, NATICK MA 01760
Anthony Sun director 2494 SAND HILL RD, MENLO PARK CA 94025
Dianne M Parrotte director 1 VISION DRIVE, NATICK MA 01760
John Tseng-chung Lee director 90 INDUSTRIAL WAY, WILMINGTON MA 01887
Carl Gerst officer: EVP, Vision & ID Products 1 VISION DRIVE, NATICK MA 01760
Marjorie T. Sennett director 950 TOWER LANE, 6TH FLOOR, FOSTER CITY CA 94404
Jerry A. Schneider director ONE VISION DRIVE, NATICK MA 01760
Sachin Lawande director HARMAN INTERNATIONAL, 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Eugene G Banucci director
Sheila Marie Dipalma officer: SVP, Employee Services 1 VISION DRIVE, NATICK MA 01760
Robert Willett officer: Executive Vice President C/O COGNEX CORPORATION, ONE VISION DRIVE, NATICK MA 01760-2059

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