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BOSTON - Cabot Corporation (NYSE:CBT) announced on Friday that its Board of Directors has declared a quarterly dividend of $0.45 per share on all outstanding shares of the company’s common stock. The company has maintained dividend payments for 55 consecutive years and raised them for 13 straight years, with the current dividend yield standing at 2.28%.
The dividend will be payable on September 11, 2025, to stockholders of record at the close of business on August 29, 2025, according to a press release issued by the specialty chemicals and performance materials company.
Cabot Corporation, headquartered in Boston, Massachusetts, operates as a global provider of various chemical products and performance materials, including reinforcing carbons, specialty carbons, battery materials, and engineered elastomer composites.
The company also produces inkjet colorants, masterbatches, conductive compounds, fumed metal oxides, and aerogel.
The quarterly dividend announcement represents a routine financial update for the company’s shareholders and investors.
In other recent news, Cabot Corporation reported its second-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $1.90, which exceeded analysts’ projections of $1.85. However, the company’s revenue fell short of expectations, posting $936 million against the anticipated $1.01 billion. Despite surpassing EPS forecasts, Cabot’s stock experienced a decline following the announcement. The company has adjusted its full-year EPS guidance to a range of $7.15 to $7.50 and announced a 5% increase in dividends. The earnings call highlighted a 7% year-over-year increase in adjusted EPS, although revenue challenges were noted due to global economic uncertainties and tariff impacts. Cabot plans to return between $100 million and $200 million through share repurchases, aligning with its capital allocation strategy. The company continues to face risks related to global macroeconomic factors and tariff policies, impacting customer behavior and inventory levels.
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