Cabot Corporation Board Increases Dividend

Group 1 - Cabot Corporation declared a quarterly dividend of $0.45 per share, marking a 5% increase from the previous dividend of $0.43 per share [1] - The new annualized dividend rate is $1.80 per share compared to the previous rate of $1.72 per share [2] - The dividend is payable on June 13, 2025, to stockholders of record as of May 30, 2025 [1] Group 2 - The CEO of Cabot Corporation expressed confidence in the company's consistent earnings performance and strong cash flow generation [2] - The actions of increasing the dividend and authorizing share repurchase are part of the company's commitment to creating shareholder value [2] - Cabot Corporation is a global specialty chemicals and performance materials company, providing a range of products including reinforcing carbons and battery materials [3]