Cabot Corporation Declares 5% Increase in Quarterly Dividend to $0.45 Per Share

Cabot Corporation increased its quarterly dividend by 5% to $0.45 per share, payable June 13, 2025.

Quiver AI Summary

Cabot Corporation's Board of Directors declared a quarterly dividend of $0.45 per share on May 5, 2025, marking a 5% increase from the previous dividend of $0.43. The new dividend will be payable on June 13, 2025, to stockholders of record as of May 30, 2025. President and CEO Sean Keohane emphasized that the increase reflects the Board's confidence in the company’s earnings and cash flow generation, alongside a recent share repurchase authorization. The annualized dividend will now be $1.80 per share, up from $1.72. Cabot Corporation is a leading global specialty chemicals and performance materials company based in Boston, Massachusetts.

Potential Positives

The Board of Directors approved a quarterly dividend increase of 5%, showcasing the company's commitment to returning value to shareholders.
This dividend hike indicates confidence in the company's consistent earnings performance and strong cash flow generation.
The announcement aligns with the company's capital allocation framework focused on shareholder returns and growth investments.

Potential Negatives

The announcement of a dividend increase, while generally positive, may indicate that the company has fewer opportunities for reinvestment or growth, potentially leading to concerns about long-term sustainability.
The press release contains a Safe Harbor statement but does not provide specific details on the "risks and uncertainties" that could impact the company's future performance, which may leave investors with unanswered questions.
While the increase in dividends may please some shareholders, it could also raise concerns about how the company plans to balance returning capital to shareholders with future investments in growth, indicating potential strategic constraints.

FAQ

What is the new quarterly dividend declared by Cabot Corporation?

Cabot Corporation declared a quarterly dividend of $0.45 per share, an increase from $0.43 per share.

When will the new dividend be payable?

The new dividend will be payable on June 13, 2025, to stockholders of record on May 30, 2025.

What does the dividend increase signify for Cabot Corporation?

The increase reflects the Board’s confidence in consistent earnings and strong cash flow generation.

What is Cabot Corporation’s focus as a company?

Cabot Corporation focuses on specialty chemicals and performance materials, providing various advanced products.

Where can I find more information about Cabot Corporation?

More information about Cabot Corporation can be found on their official website at cabotcorp.com.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CBT Insider Trading Activity

$CBT insiders have traded $CBT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $CBT stock by insiders over the last 6 months:

HOBART KALKSTEIN (Executive Vice President) has made 0 purchases and 3 sales selling 34,759 shares for an estimated $4,005,182.
JEFF JI ZHU (Executive Vice President) sold 14,566 shares for an estimated $1,649,599
LISA M DUMONT (VP, Controller & CAO) sold 865 shares for an estimated $96,655

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CBT Hedge Fund Activity

We have seen 187 institutional investors add shares of $CBT stock to their portfolio, and 188 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS GROUP AG added 688,233 shares (+753.4%) to their portfolio in Q4 2024, for an estimated $62,842,555
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 364,956 shares (-39.8%) from their portfolio in Q4 2024, for an estimated $33,324,132
QUBE RESEARCH & TECHNOLOGIES LTD added 222,959 shares (+329.5%) to their portfolio in Q4 2024, for an estimated $20,358,386
BLACKROCK, INC. removed 201,552 shares (-2.8%) from their portfolio in Q1 2025, for an estimated $16,757,033
BANK OF AMERICA CORP /DE/ removed 188,063 shares (-11.3%) from their portfolio in Q4 2024, for an estimated $17,172,032
NUVEEN ASSET MANAGEMENT, LLC removed 168,980 shares (-52.9%) from their portfolio in Q4 2024, for an estimated $15,429,563
SNYDER CAPITAL MANAGEMENT L P removed 156,146 shares (-12.7%) from their portfolio in Q4 2024, for an estimated $14,257,691

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

BOSTON, May 05, 2025 (GLOBE NEWSWIRE) -- On Monday, May 5, 2025, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.45 per share, an increase of 5% compared to the current quarterly dividend of $0.43 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 13, 2025, to stockholders of record at the close of business on May 30, 2025.

"Today's announcement reflects the Board’s confidence in our consistent earnings performance and our ability to generate strong cash flow,” said Sean Keohane, President, and Chief Executive Officer of Cabot Corporation. “The dividend increase and the recent share repurchase authorization are tangible actions which demonstrate our commitment to create shareholder value. These actions are aligned with our capital allocation framework which includes returning capital to shareholders while continuing to invest for growth.”

On an annualized basis, the new dividend rate is $1.80 per share versus $1.72 per share, previously.

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 reinforcing carbons , specialty carbons , battery materials , engineered elastomer composites , inkjet colorants , masterbatches and conductive compounds , fumed metal oxides and aerogel . For more information on Cabot, please visit the company’s website at cabotcorp.com . The Company regularly posts important information on its website and encourages investors and potential investors to consult the Cabot website regularly.

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 for the fiscal year ended September 30, 2024.

Contact:	Steve Delahunt
	Investor Relations
	(617) 342-6255