By Kelly Cloonan
Cabot Corp. said it raised its quarterly dividend to 45 cents a share from 43 cents a share.
The new quarterly payout, equal to $1.80 a year, represents an annual yield of about 2.3% based on Monday's closing price of $77.50.
The specialty chemicals and performance materials company said the increased dividend will be paid on June 13 to shareholders of record as of May 30.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
May 05, 2025 17:03 ET (21:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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