{"id":755861,"date":"2023-05-08T08:06:14","date_gmt":"2023-05-08T12:06:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-corporation-board-increases-dividend\/"},"modified":"2023-05-08T08:06:14","modified_gmt":"2023-05-08T12:06:14","slug":"cabot-corporation-board-increases-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-corporation-board-increases-dividend\/","title":{"rendered":"Cabot Corporation Board Increases Dividend"},"content":{"rendered":"

<\/p>\n

Cabot Corporation Board Increases Dividend<\/b><\/p>\n

BOSTON–(BUSINESS WIRE<\/a>)–
\nOn Friday, May 5, 2023, the Board of Directors of Cabot Corporation<\/a> (NYSE: CBT) declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation\u2019s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023.<\/p>\n

\n\u201cFor over 50 years, we have consistently paid dividends, which reinforces our commitment to return capital to our shareholders,\u201d said Sean Keohane, President and Chief Executive Officer of Cabot Corporation. \u201cThe dividend increase, our sixth in the last eight years, reflects our positive long-term view and the Board\u2019s confidence in our ability to generate strong cash flows to fund high-growth investments and return cash to shareholders through a competitive dividend.\u201d<\/p>\n

\nOn an annualized basis, the new dividend rate is $1.60 per share versus $1.48 per share, previously.<\/p>\n

About Cabot Corporation<\/b><\/p>\n

\nCabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons<\/a>, battery materials, engineered elastomer composites, inkjet colorants<\/a>, masterbatches and conductive compounds<\/a>, fumed metal oxides<\/a>, and aerogel<\/a>. For more information on Cabot, please visit the company\u2019s website<\/a> at: http:\/\/www.cabotcorp.com<\/a>.<\/p>\n

\nSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot\u2019s business that are not historical facts, including statements concerning our expectation about our ability to generate cash flow to fund growth investments and return cash to shareholders through a competitive dividend are forward looking statements. Forward looking statements are not guarantees of future performance and are subject to 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.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230508005146\/en\/<\/a><\/span><\/p>\n

Steve Delahunt
\n<\/i>
Investor Relations
\n<\/i>
(617) 342-6255<\/i><\/p>\n

KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Machine Tools, Metalworking & Metallurgy Engineering Chemicals\/Plastics Technology Other Technology Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Cabot Corporation Board Increases Dividend BOSTON–(BUSINESS WIRE)– On Friday, May 5, 2023, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation\u2019s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023. \u201cFor over 50 years, we have consistently paid dividends, which reinforces our commitment to return capital to our shareholders,\u201d said Sean Keohane, President and Chief Executive Officer of Cabot Corporation. \u201cThe dividend increase, our sixth in the last eight years, reflects our positive long-term view and the Board\u2019s confidence in our … <\/p>\n

Continue reading “Cabot Corporation Board Increases Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-755861","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCabot Corporation Board Increases Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-corporation-board-increases-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabot Corporation Board Increases Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cabot Corporation Board Increases Dividend BOSTON–(BUSINESS WIRE)– On Friday, May 5, 2023, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation\u2019s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023. \u201cFor over 50 years, we have consistently paid dividends, which reinforces our commitment to return capital to our shareholders,\u201d said Sean Keohane, President and Chief Executive Officer of Cabot Corporation. \u201cThe dividend increase, our sixth in the last eight years, reflects our positive long-term view and the Board\u2019s confidence in our … Continue reading "Cabot Corporation Board Increases Dividend"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-corporation-board-increases-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-08T12:06:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230508005146r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cabot Corporation Board Increases Dividend\",\"datePublished\":\"2023-05-08T12:06:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/\"},\"wordCount\":361,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230508005146r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-corporation-board-increases-dividend\\\/\",\"name\":\"Cabot Corporation Board Increases Dividend - 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