Cabot Corporation Board Declares Dividend

Rhea-AI Summary

On May 14, 2021, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.35 per share for all outstanding common stock. This dividend is scheduled for payment on June 11, 2021, to stockholders of record as of May 28, 2021. Cabot Corporation is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, known for its carbon black and specialty materials.

Positive

• Quarterly dividend declared at $0.35 per share, enhancing shareholder income.
• Scheduled dividend payment on June 11, 2021, reflects strong cash flow.

Negative

• None.

On Friday, May 14, 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 June 11, 2021, to stockholders of record at the close of business on May 28, 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/20210514005495/en/

FAQ

What is the dividend amount declared by Cabot Corporation for May 2021?

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

When will the dividend be paid to shareholders?

The dividend will be paid on June 11, 2021.

Who is eligible to receive the dividend from Cabot Corporation?

Stockholders of record as of May 28, 2021, are eligible to receive the dividend.

How often does Cabot Corporation pay dividends?

Cabot Corporation typically pays dividends quarterly.