Cytec Industries, Inc. (CYT) Raises Quarterly Dividend 100% to $0.25; 1% Yield

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Cytec Industries, Inc. (CYT) Tops Q2 EPS Views; Boosts Dividend, Declares Two-for-One Split

July 17, 2014 4:16 PM EDT

Cytec Industries, Inc. (NYSE: CYT) reported Q2 EPS of $2.00, $0.47 better than the analyst estimate of $1.53. Revenue for the quarter came in at $527 million versus the consensus estimate of $525.24 million.

The company also announced two significant decisions for shareholders. The first was that the company's Board of Directors declared an increase in the quarterly cash dividend... More