Cabot's most recent quarterly dividend was on Nov 23, 2022 (ex-date) with a cash dividend payment of $0.37 per share. On an annualized basis, the company has a current payout of $1.48 per share. This brings the dividend yield to 2% based on its recent close price.
CBT has a dividend yield of 2% which is above the Basic Materials sector and the industry average but below its peers average. Compared to its Basic Materials sector average of 1.8%, Cabot's dividend yield is 11% higher. The current dividend yield is below the historical average of 2.7% of the last 5 years.
Cabot has been paying dividends since 1992. CBT has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.2% for the last year. But since the stock price has gone up by 33% from a year ago, the dividend yield has decreased by 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 23, 2022 | Dec 9, 2022 | Nov 10, 2022 | $0.37 | normal |
| Aug 25, 2022 | Sep 9, 2022 | Jul 8, 2022 | $0.37 | normal |
| May 26, 2022 | Jun 10, 2022 | May 13, 2022 | $0.37 | normal |
| Feb 24, 2022 | Mar 11, 2022 | Jan 14, 2022 | $0.37 | normal |
| Nov 24, 2021 | Dec 10, 2021 | Nov 12, 2021 | $0.37 | normal |
| Aug 26, 2021 | Sep 10, 2021 | Jul 9, 2021 | $0.35 | normal |
| May 27, 2021 | Jun 11, 2021 | May 14, 2021 | $0.35 | normal |
| Feb 25, 2021 | Mar 12, 2021 | Jan 8, 2021 | $0.35 | normal |
| Nov 25, 2020 | Dec 11, 2020 | Nov 13, 2020 | $0.35 | normal |
| Aug 27, 2020 | Sep 11, 2020 | Jul 10, 2020 | $0.35 | normal |
| May 28, 2020 | Jun 12, 2020 | May 8, 2020 | $0.35 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Jan 10, 2020 | $0.35 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Nov 8, 2019 | $0.35 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Jul 12, 2019 | $0.35 | normal |
| May 30, 2019 | Jun 14, 2019 | May 8, 2019 | $0.35 | normal |
| Feb 21, 2019 | Mar 8, 2019 | Jan 11, 2019 | $0.33 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 9, 2018 | $0.33 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Jul 13, 2018 | $0.33 | normal |
| May 24, 2018 | Jun 8, 2018 | May 9, 2018 | $0.33 | normal |
| Feb 22, 2018 | Mar 9, 2018 | Jan 12, 2018 | $0.315 | normal |
| Nov 22, 2017 | Dec 8, 2017 | Nov 10, 2017 | $0.315 | normal |
| Aug 23, 2017 | Sep 8, 2017 | Jul 14, 2017 | $0.315 | normal |
| May 24, 2017 | Jun 9, 2017 | May 10, 2017 | $0.315 | normal |
| Feb 22, 2017 | Mar 10, 2017 | Jan 13, 2017 | $0.3 | normal |
| Nov 22, 2016 | Dec 9, 2016 | Nov 11, 2016 | $0.3 | normal |
| Aug 24, 2016 | Sep 9, 2016 | Jul 8, 2016 | $0.3 | normal |
| May 25, 2016 | Jun 10, 2016 | May 24, 2016 | $0.3 | normal |
| Feb 24, 2016 | Mar 11, 2016 | Jan 8, 2016 | $0.22 | normal |
CBT has a payout ratio of 40.5% which is higher than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 27.3%, Cabot's payout ratio is 48% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 4.75% | $2.8 | 36.1% |
| XOM Exxon Mobil Corp | 3.07% | $3.55 | 29% |
| GLW Corning Inc | 2.93% | $1.08 | 49.3% |
| CBT Cabot Corp | 2% | $1.48 | 40.5% |
Yes, Cabot has been paying dividends for the last 31 years.
CBT's next dividend is scheduled on Feb 23, 2023 (ex-date).
Cabot's last dividend ex-date was on Nov 23, 2022. The dividend amount was $0.37 per share.
CBT's annualized dividend per share is $1.48.
The current dividend yield of Cabot is 2%.
Cabot pays four dividends per year.
The dividend payout ratio of Cabot is 40.5%.
Cabot's dividend yield is above the Basic Materials sector average.