NEW YORK ( TheStreet) -- The ex-dividend date for Cognex Corporation (Nasdaq: CGNX) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $36.32 as of 9:30 a.m. ET, the dividend yield is 1.2%. The average volume for Cognex has been 214,000 shares per day over the past 30 days. Cognex has a market cap of $1.54 billion and is part of the technology sector and electronics industry. Shares are up 0.6% year to date as of the close of trading on Friday. Cognex Corporation provides machine vision products that capture and analyze visual information to automate tasks primarily in manufacturing processes. It operates in two divisions, Modular Vision Systems and Surface Inspection Systems. The company has a P/E ratio of 22, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter