Cytec Returns Dividend to Pre-Crisis Level

Cytec Industries Inc. (CYT), which slashed its dividend by 90% in 2009, has returned its payout to pre-crisis levels. The specialty chemicals and materials company declared a quarterly dividend of $0.125 per share within its fourth quarter earnings release, which also contained mixed results and disappointing guidance. Cytec reported fourth quarter earnings of $0.83 per [...]