Cabot Microelectronics Co. (CCMP) To Go Ex-Dividend on December 21st
Cabot Microelectronics Co. (NASDAQ:CCMP) announced a quarterly dividend on Monday, December 11th, RTT News reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.20 per share by the semiconductor company on Tuesday, January 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, December 21st.
Shares of Cabot Microelectronics (NASDAQ CCMP) opened at $93.76 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.04 and a quick ratio of 5.25. Cabot Microelectronics has a 12-month low of $61.44 and a 12-month high of $102.92. The stock has a market capitalization of $2,304.94, a price-to-earnings ratio of 25.53 and a beta of 1.42.
Cabot Microelectronics (NASDAQ:CCMP) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.20. Cabot Microelectronics had a return on equity of 16.27% and a net margin of 17.10%. The company had revenue of $136.80 million for the quarter, compared to the consensus estimate of $132.18 million. During the same quarter last year, the business posted $0.91 earnings per share. The firm’s revenue was up 11.5% compared to the same quarter last year. analysts expect that Cabot Microelectronics will post 4.14 EPS for the current fiscal year.
In other news, insider Thomas S. Roman sold 2,350 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $99.20, for a total transaction of $233,120.00. Following the transaction, the insider now directly owns 10,753 shares of the company’s stock, valued at $1,066,697.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lisa A. Polezoes sold 5,745 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $102.08, for a total value of $586,449.60. Following the transaction, the vice president now directly owns 9,694 shares in the company, valued at $989,563.52. The disclosure for this sale can be found here. In the last three months, insiders sold 73,699 shares of company stock worth $7,111,751. 5.50% of the stock is owned by insiders.
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Cabot Microelectronics Company Profile
Cabot Microelectronics Corporation supplies polishing slurries and pads used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). The Company is engaged in the development, manufacture and sale of CMP consumables.
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