Cabot's most recent quarterly dividend was on Feb 22, 2024 (ex-date) with a cash dividend payment of $0.4 per share. On an annualized basis, the company has a current payout of $1.6 per share. This brings the dividend yield to 1.76% based on its recent close price.
CBT has a dividend yield of 1.76% which is above the industry average but below the Basic Materials sector and its peers average. Compared to its Basic Materials sector average of 1.96%, Cabot's dividend yield is 10% lower. The current dividend yield is below the historical average of 2.6% 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 21% from a year ago, the dividend yield has decreased by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 20.7% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 32.7%, Cabot's payout ratio is 37% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 4.93% | $2.8 | 341.5% |
| GLW Corning Inc | 3.58% | $1.12 | 162.3% |
| XOM Exxon Mobil Corp | 3.09% | $3.72 | 41.8% |
| CBT Cabot Corp | 1.75% | $1.6 | 20.7% |
Yes, Cabot has been paying dividends for the last 32 years.
Currently CBT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Cabot's last dividend ex-date was on Feb 22, 2024. The dividend amount was $0.4 per share.
CBT's annualized dividend per share is $1.6.
The current dividend yield of Cabot is 1.76%.
Cabot pays four dividends per year.
The dividend payout ratio of Cabot is 20.7%.
Cabot's dividend yield is below the Basic Materials sector average.