Cabot Microelectronics (CCMP) Raises Quarterly Dividend 5% to $0.42; 1.5% Yield

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Cabot Microelectronics Corporation Declares an Increased Quarterly Cash Dividend

March 6, 2019 6:00 AM EST

Aurora, IL, March 06, 2019 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP) today announced that its Board of Directors has declared a quarterly cash dividend of $0.42 per share ($1.68 per share on an annualized basis) on the company's common stock, an increase of five percent over the quarterly dividend paid on or about January 30, 2019. The dividend will be payable on or about April 30, 2019 to shareholders of record at the close of business on March 21, 2019.

The companys Annual Meeting of Stockholders will be held at 8:00 a.m. Central Time on Wednesday,... More