Cabot Corporation Board Declares Dividend

Rhea-AI Summary

On May 13, 2022, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.37 per share on all outstanding common stock. This dividend will be payable on June 10, 2022, to stockholders of record by the close of business on May 27, 2022. Established in Boston, Cabot specializes in carbon black, specialty carbons, and various performance materials, contributing significantly to multiple industries.

Positive

• Quarterly dividend of $0.37 per share enhances shareholder income.
• Strong position in specialty chemicals and performance materials sector.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On Friday, May 13, 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 June 10, 2022, to stockholders of record at the close of business on May 27, 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, 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 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/20220513005329/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 payable on June 10, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is May 27, 2022.

How often does Cabot Corporation pay dividends?

Cabot Corporation typically pays dividends quarterly.

Is the dividend sustainable for Cabot Corporation?

Cabot Corporation's strong market position suggests potential sustainability, but investors should review financial reports for detailed insights.