Cabot Corporation Board Declares Dividend

Rhea-AI Summary

On January 13, 2023, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.37 per share on its common stock. This dividend is scheduled for payment on March 10, 2023, to shareholders of record as of February 24, 2023. Cabot Corporation is a global leader in specialty chemicals and performance materials, known for its range of products including carbon black and engineered elastomer composites. The announcement reflects the company's commitment to return value to its shareholders while maintaining a robust portfolio in the specialty chemicals sector.

Positive

• Declared quarterly dividend of $0.37 per share, demonstrating commitment to shareholder returns.
• Dividend payment scheduled for March 10, 2023, may enhance investor confidence.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On Friday, January 13, 2023, 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 March 10, 2023, to stockholders of record at the close of business on February 24, 2023.

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, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at http://www.cabotcorp.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230113005344/en/

Steve Delahunt

Investor Relations

(617) 342-6255

Source: Cabot Corporation

FAQ

When is the next dividend payment for Cabot Corporation (CBT)?

The next dividend payment for Cabot Corporation (CBT) is scheduled for March 10, 2023.

What is the dividend amount declared by Cabot Corporation (CBT)?

Cabot Corporation (CBT) declared a dividend amount of $0.37 per share.

What date do I need to own shares to receive the Cabot Corporation (CBT) dividend?

You need to own shares by February 24, 2023, to receive the dividend.

How often does Cabot Corporation (CBT) pay dividends?

Cabot Corporation (CBT) pays dividends quarterly.