Cabot Corporation (NYSE:CBT) Declares Quarterly Dividend of $0.47

Cabot Corporation (NYSE:CBT) declared a quarterly dividend on Friday, July 10th. Stockholders of record on Friday, August 28th will be paid a dividend of 0.4725 per share by the specialty chemicals company on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 28th.

Cabot has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 14 years. Cabot has a payout ratio of 23.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Cabot to earn $7.08 per share next year, which means the company should continue to be able to cover its $1.89 annual dividend with an expected future payout ratio of 26.7%.

Cabot Stock Down 0.1%

Cabot stock opened at $83.76 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.97 and a current ratio of 1.47. Cabot has a one year low of $58.33 and a one year high of $94.53. The company has a 50-day simple moving average of $87.99 and a 200-day simple moving average of $81.05. The firm has a market capitalization of $4.32 billion, a P/E ratio of 23.59, a P/E/G ratio of 10.89 and a beta of 0.84.

Cabot (NYSE:CBT) last announced its quarterly earnings results on Monday, August 3rd. The specialty chemicals company reported $1.67 EPS for the quarter, beating the consensus estimate of $1.66 by $0.01. The company had revenue of $982.00 million for the quarter, compared to analyst estimates of $943.16 million. Cabot had a net margin of 5.23% and a return on equity of 20.29%. Cabot’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.90 earnings per share. Cabot has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, equities analysts expect that Cabot will post 6.37 earnings per share for the current year.

About Cabot

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. Founded in 1882 by Godfrey Lowell Cabot, the company has grown into a diversified manufacturer with operations across North America, Europe, Asia and Latin America. Cabot serves a wide range of end markets, including automotive, industrial, energy, and consumer products, supplying essential ingredients that enhance performance, durability and functionality.

The company operates two primary segments: Reinforcement Materials and Performance Materials.