Cabot Corporation Board Declares Dividend

Rhea-AI Summary

Cabot Corporation (NYSE: CBT) has declared a quarterly dividend of $0.35 per share on its common stock. This dividend will be payable on March 12, 2021, to stockholders on record as of February 26, 2021. Headquartered in Boston, Cabot is a global leader in specialty chemicals and performance materials, including products such as carbon black and activated carbon. The announcement underscores the company’s commitment to returning value to shareholders amidst its diverse portfolio and market presence.

Positive

• Declared quarterly dividend of $0.35 per share, signaling confidence in financial stability.
• Dividend payable to shareholders, demonstrating commitment to returning value.

Negative

• None.

On Friday, January 8, 2021, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 12, 2021, to stockholders of record at the close of business on February 26, 2021.

About Cabot Corporation

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of carbon black, specialty carbons, activated carbon, elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. These factors are discussed in the reports we file with the Securities and Exchange Commission (“SEC”), particularly under the heading “Risk Factors” in our annual report on Form 10-K and in our subsequent SEC filings filed with the SEC at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210108005504/en/

FAQ

What is the dividend amount declared by Cabot Corporation?

Cabot Corporation declared a quarterly dividend of $0.35 per share.

When is the dividend payment date for Cabot Corporation?

The dividend is payable on March 12, 2021.

Who are eligible for the dividend from Cabot Corporation?

Stockholders on record as of February 26, 2021, are eligible for the dividend.