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Cabot Microelectronics declares 18 cent quarterly dividend

AURORA - Cabot Microelectronics Corp.'s board of directors declared a quarterly cash dividend of 18 cents per share (72 cents per share on an annualized basis) on the company's common stock, payable on or about July 29 to shareholders of record at the close of business on June 23.

Cabot Microelectronics is a global supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry. The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers.

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