Applied Materials, Inc. (AMAT) Raises Quarterly Dividend 12.5% to $0.09, 3% Yield; Announces $3B Buyback Plan

Applied Materials, Inc. (NASDAQ: AMAT) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.

The dividend will be payable on June 14, 2012, to stockholders of record on May 24, 2012, with an ex-dividend date of May 22, 2012.

The annual yield on the dividend is 3 percent.

For a dividend history and other dividend-related data on Applied Materials, Inc. (AMAT) click here.

The company also announced a $3 billion buyback program.

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