You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

HOUSTON, Jan. 4, 2021 /PRNewswire/ --Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share on the Company's common stock. The dividend will be paid on February 4, 2021 to all shareholders of record as of the close of business on January 21, 2021. Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading independent natural gas producer, with its entire resource base located in the continental United States. For additional information, visit the Company's homepage at www.cabotog.com. SOURCE Cabot Oil & Gas Corporation Related Links http://www.cabotog.com

Answer: Cabot Oil & Gas Corporation Declares Dividend