Calgon Carbon Corporation (CCC) Declares $0.05 Quarterly Dividend

Calgon Carbon Corporation (NYSE:CCC) announced a quarterly dividend on Friday, February 16th, RTT News reports. Stockholders of record on Monday, March 5th will be paid a dividend of 0.05 per share by the industrial products company on Thursday, March 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.94%.

Calgon Carbon has a payout ratio of 40.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Calgon Carbon to earn $0.71 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 28.2%.

Shares of Calgon Carbon (NYSE:CCC) opened at $21.30 on Friday. Calgon Carbon has a twelve month low of $12.00 and a twelve month high of $22.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.80 and a quick ratio of 1.68. The stock has a market capitalization of $1,084.81, a PE ratio of 49.65 and a beta of 1.07.

Separately, Zacks Investment Research cut Calgon Carbon from a “hold” rating to a “sell” rating in a report on Thursday. Three equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.63.

ILLEGAL ACTIVITY WARNING: “Calgon Carbon Corporation (CCC) Declares $0.05 Quarterly Dividend” was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at

Calgon Carbon Company Profile

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

Dividend History for Calgon Carbon (NYSE:CCC)

Receive News & Ratings for Calgon Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calgon Carbon and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply