CMC Materials Declares Quarterly Cash Dividend
December 07 2021 - 5:00PM
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 January 28,
2022 to shareholders of record at the close of business on December
22, 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 2,200
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,
2021 filed on November 12, 2021. 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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