CMC Materials Declares Quarterly Cash Dividend
June 09 2021 - 7:00AM
CMC Materials, Inc. (Nasdaq: CCMP) today announced that its Board
of Directors has declared a quarterly cash dividend of $0.46 per
share ($1.84 per share on an annualized basis) on the company's
common stock. The dividend will be payable on or about
July 30, 2021 to shareholders of record at the close of
business on June 23, 2021.
ABOUT CMC MATERIALS, INC.
CMC Materials, Inc., headquartered in Aurora,
Illinois, is a leading global supplier of consumable materials
primarily to semiconductor manufacturers. The company’s
products play a critical role in the production of advanced
semiconductor devices, helping to enable the manufacture of
smaller, faster and more complex devices by its customers. CMC
Materials, Inc. is also a leading provider of performance materials
to pipeline operators. The company's mission is to create
value by delivering high-performing and innovative solutions that
solve its customers’ challenges. The company has
approximately 2,100 employees globally. For more information about
CMC Materials, Inc., visit www.cmcmaterials.com, or contact Colleen
Mumford, Vice President, Communications and Marketing, at
630-499-2600.
SAFE HARBOR STATEMENT
This press release contains forward-looking
statements, which address a variety of subjects including, for
example, future sales and operating results; growth or contraction,
and trends in the industries and markets in which the company
participates such as the semiconductor, and oil and gas,
industries; the acquisition of, investment in, or collaboration
with other entities, and the expected benefits and synergies of
such acquisitions; divestment or disposition, or cessation of
investment in certain, of the company’s businesses; new product
introductions; development of new products, technologies and
markets; product performance; the financial conditions of the
company's customers; the competitive landscape that relates to the
company’s business; the company's supply chain; natural disasters;
various economic or political factors and international or national
events, including related to global public health crises such as
the Pandemic, and the enactment of trade sanctions, tariffs, or
other similar matters; the generation, protection and acquisition
of intellectual property, and litigation related to such
intellectual property or third party intellectual property;
environmental, health and safety laws and regulations, and related
compliance; the operation of facilities by the company; the
company's management; foreign exchange fluctuation; the company's
current or future tax rate, including the effects of changes to tax
laws in the jurisdictions in which the company operates;
cybersecurity threats; financing facilities and related debt, pay
off or payment of principal and interest, and compliance with
covenants and other terms; and, uses and investment of the
company's cash balance, including dividends and share repurchases,
which may be suspended, terminated or modified at any time for any
reason by the company, based on a variety of factors. Statements
that are not historical facts, including statements about CMC
Materials’ beliefs, plans and expectations, are forward-looking
statements. Such statements are based on current expectations of
CMC Materials’ management and are subject to a number of factors
and uncertainties, which could cause actual results to differ
materially from those described in the forward-looking statements.
For information about factors that could cause actual results to
differ materially from those described in the forward-looking
statements, please refer to CMC Materials’ filings with the
Securities and Exchange Commission (“SEC”), including the risk
factors contained in CMC Materials’ Annual Report on Form 10-K for
the fiscal year ended September 30, 2020 filed on November 17,
2020. Except as required by law, CMC Materials undertakes no
obligation to update forward-looking statements made by it to
reflect new information, subsequent events or circumstances.
Colleen Mumford
Vice President, Communications and Marketing
CMC Materials, Inc.
(630) 499-2600
CMC Materials (NASDAQ:CCMP)
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