StockWatch
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Major Chemicals
DividendMay 4, 2026, 04:32 PM

Cabot Corp Increases Quarterly Dividend by 5% to $0.4725

AI Summary

Cabot Corporation's Board of Directors declared a quarterly dividend of $0.4725 per share, marking a 5% increase from the previous $0.45 per share. The dividend is payable on June 12, 2026, to stockholders of record on May 29, 2026. This increase reflects the Board's confidence in the company's strong cash flow generation, robust liquidity, and earnings durability, demonstrating a commitment to returning cash to shareholders while continuing to invest in growth.

Key Highlights

  • Cabot Corporation increased its quarterly dividend by 5% to $0.4725 per share.
  • The previous quarterly dividend was $0.45 per share.
  • The new annualized dividend rate will be $1.89 per share, up from $1.80.
  • The dividend is payable on June 12, 2026.
  • Stockholders of record on May 29, 2026, will receive the dividend.