Cabot Corporation Board Declares Dividend

Rhea-AI Summary

On July 9, 2021, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.35 per share. This dividend will be payable on September 10, 2021, to stockholders of record by August 27, 2021. Cabot Corporation is known for its specialty chemicals and performance materials, specializing in products such as carbon black, activated carbon, and elastomer composites. The company continues to foster investor confidence through consistent dividend payments.

Positive

• Quarterly dividend of $0.35 per share declared.
• Dividend payment indicates financial stability and ongoing commitment to shareholders.

Negative

• None.

On Friday, July 9, 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 September 10, 2021, to stockholders of record at the close of business on August 27, 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/20210709005471/en/

FAQ

What is the dividend amount declared by Cabot Corporation?

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

When will the dividend be paid to shareholders?

The dividend will be payable on September 10, 2021.

What is the record date for the Cabot Corporation dividend?

The record date for the dividend is August 27, 2021.

How often does Cabot Corporation pay dividends?

Cabot Corporation pays dividends quarterly.

Is the dividend sustainable for Cabot Corporation?

The declaration of the dividend suggests that Cabot Corporation is committed to returning value to its shareholders.