Cabot reports Q2 FY2026 EPS of $1.27, raises dividend by 5%, plans plant closures for cost savings.

Cabot Corporation announced second quarter fiscal 2026 results with diluted EPS of $1.27 and adjusted EPS of $1.61, reflecting strong execution despite market challenges. The company saw growth in its battery materials segment and increased dividend by 5%, raising the annual payout to $1.89 per share. Cabot plans to optimize its global manufacturing footprint by closing operations in South America and Europe to save $22 million annually. The company reaffirmed its full-year adjusted EPS guidance of $6.00 to $6.50, while maintaining a strong balance sheet with $1.3 billion liquidity.