Cabot Corporation (NYSE:CBT) will begin trading ex-dividend on August 27, 2020. The quarterly dividend payment of $ 0.35 per share is scheduled to be paid on September 11, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on August 27, 2020.
Dividends History
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Recent Earnings Announcement
Cabot Corporation came out with loss for the third quarter of $ 0.07 per share, from the revenue of $ 518.00 million. The quarterly revenues contracted 38.70 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.02 per share from $ 549.37 million in revenue. The bottom line results missed street analysts by $ 0.05 or 250 percent, at the same time, top line results fell short of analysts by $ 31.37 million or 5.71 percent.
Stock Performance
Shares of Cabot Corporation traded high $ 1.12 or 2.92 percent on Monday, reaching $ 39.51 with volume of 195.40 thousand shares. Cabot Corporation has traded high as $ 39.59 and has cracked $ 38.30 on the downward trend
According to the previous trading day, closing price of $ 39.51, representing a 91.95 % increase from the 52 week low of $ 20.00 and a 24.1 % decrease over the 52 week high of $ 50.58.
The company has a market capital of $ 2.23 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Cabot Corporation operates as a specialty chemicals and performance materials company. The company offers rubber grade carbon blacks used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and compounds of carbon black and rubber. It also provides specialty grades of carbon black used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; fumed alumina used in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries; and aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications.
