BOSTON--(BUSINESS WIRE)--May 8, 2014--
On Thursday, May 8, 2014, the Board of Directors of Cabot
Corporation (NYSE:CBT) declared a quarterly dividend of $0.22 per
share on all outstanding shares of the Corporation’s common stock,
representing a $0.02 increase per share as compared to the previous
quarter. The dividend is payable on June 13, 2014, to stockholders of
record at the close of business on May 30, 2014.
Cabot President and CEO Patrick Prevost said, “Cabot has a long history
of returning cash to its shareholders through dividends and share
repurchases. Cabot's Board of Directors has recently reviewed the
Company's dividend policy and I am pleased to announce this ten percent
increase in the dividend rate.”
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 rubber
and specialty
carbons, activated
carbon, inkjet
colorants, cesium
formate drilling fluids, fumed
silica, aerogel,
and elastomer
composites. For more information on Cabot, please visit the
company’s website at: http://www.cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: Statements in the press release regarding Cabot's business that
are not historical facts are forward looking statements that involve
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.
Source: Cabot Corporation
Cabot Corporation
Erica McLaughlin, 617-342-6090
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