An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
On November 12, 2021, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.37 per share, marking a 6% increase from the previous dividend. This dividend will be payable on December 10, 2021, to stockholders of record by the close of business on November 26, 2021. The annualized dividend rate now stands at $1.48 per share, an increase from $1.40. Cabot's consistent dividend payments for over 50 years underscore its commitment to providing shareholder value.
Positive
Quarterly dividend increased by 6%, now $0.37 per share.
Annualized dividend rate rises from $1.40 to $1.48 per share.
Consistent dividend payments for over 50 years demonstrate commitment to shareholders.
Negative
None.
BOSTON--(BUSINESS WIRE)--
On Friday, November 12, 2021, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 10, 2021, to stockholders of record at the close of business on November 26, 2021. This represents a 6 percent increase from the previous dividend.
“Our longstanding history of consistently paying dividends for over 50 years is a source of great pride for us, and this decision further affirms our continued commitment to provide value to our shareholders,” said Sean Keohane, President and Chief Executive Officer of Cabot Corporation. “The decision to increase the dividend demonstrates the Board’s confidence in our ability to generate strong cash flow to fund high confidence growth investments and return cash to shareholders through a competitive dividend.”
On an annualized basis, the new dividend rate is $1.48 per share versus $1.40 per share, previously.
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.
