Boston, Massachusetts - Cabot Corporation has approved an increase of $0.02 per share to the Corporation's quarterly dividend, declaring a dividend of $0.18 per share on all outstanding shares of the Corporation's common stock. The dividend is payable on December 8, 2006 to stockholders of record at the close of business on November 24, 2006.
Kennett F. Burnes, Cabot's Chairman and CEO said, "Cabot's Board of Directors periodically reviews the Company's dividend policy and feels that now is an appropriate time to increase the dividend to our shareholders."
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Press release from Cabot