Cabot's most recent quarterly dividend was on May 31, 2024 (ex-date) with a cash dividend payment of $0.43 per share. On an annualized basis, the company has a current payout of $1.63 per share. This brings the dividend yield to 1.68% based on its recent close price. The latest dividend has increased by $0.03, or 8% from the previous payment.
CBT has a dividend yield of 1.68% which is below the Basic Materials sector and its peers average. Compared to its Basic Materials sector average of 1.9%, Cabot's dividend yield is 12% lower. The current dividend yield is below the historical average of 2.5% 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 8% for the last year. But since the stock price has gone up by 39% from a year ago, the dividend yield has decreased by 22%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 31, 2024 | Jun 14, 2024 | May 6, 2024 | $0.43 | normal |
Feb 22, 2024 | Mar 8, 2024 | Jan 12, 2024 | $0.4 | normal |
Nov 22, 2023 | Dec 8, 2023 | Nov 10, 2023 | $0.4 | normal |
Aug 24, 2023 | Sep 8, 2023 | Jul 14, 2023 | $0.4 | normal |
May 25, 2023 | Jun 9, 2023 | May 5, 2023 | $0.4 | normal |
Feb 23, 2023 | Mar 10, 2023 | Jan 13, 2023 | $0.37 | normal |
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 20.6% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 37.9%, Cabot's payout ratio is 46% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
DOW Dow Inc | 5.3% | $2.8 | 165.7% |
XOM Exxon Mobil Corp | 3.2% | $3.76 | 46.1% |
GLW Corning Inc | 2.61% | $1.12 | 153.4% |
CBT Cabot Corp | 1.67% | $1.63 | 20.6% |
KOP Koppers Holdings Inc | 0.65% | $0.26 | 7.1% |
Yes, Cabot has been paying dividends for the last 32 years.
CBT's next dividend is scheduled on Aug 30, 2024 (ex-date).
Cabot's last dividend ex-date was on May 31, 2024. The dividend amount was $0.43 per share.
CBT's annualized dividend per share is $1.63.
The current dividend yield of Cabot is 1.68%.
Cabot pays four dividends per year.
The dividend payout ratio of Cabot is 20.6%.
Cabot's dividend yield is below the Basic Materials sector average.