Cabot Corporation Board Declares Dividend

Rhea-AI Summary

On January 14, 2022, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.37 per share, payable on March 11, 2022, to stockholders of record as of February 25, 2022. This dividend reflects the company’s commitment to returning value to shareholders amid their operations in specialty chemicals and performance materials. Cabot is a key player in various sectors, including carbon black and activated carbon.

Positive

• Quarterly dividend of $0.37 per share for shareholders.
• Strong commitment to returning value to investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On Friday, January 14, 2022, 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 11, 2022, to stockholders of record at the close of business on February 25, 2022.

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/20220114005293/en/

Steve Delahunt

Investor Relations

(617) 342-6255

Source: Cabot Corporation

FAQ

What is the dividend amount declared by Cabot Corporation?

Cabot Corporation declared a quarterly dividend of $0.37 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 11, 2022.

What is the record date for Cabot Corporation's dividend?

The record date for the dividend is February 25, 2022.

What is the significance of the dividend announcement for Cabot Corporation?

The dividend announcement emphasizes Cabot Corporation's commitment to returning value to its shareholders.