Applied Materials (AMAT) Raises Quarterly Dividend 9.1% to $0.24; 0.8% Yield

March 12, 2021 7:31 AM EST

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Applied Materials (NASDAQ: AMAT) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 9.1% increase from the prior dividend of $0.22.

The dividend will be payable on June 17, 2021, to stockholders of record on May 27, 2021, with an ex-dividend date of May 26, 2021.

The annual yield on the dividend is 0.8 percent.

“We are excited about our growth opportunities as we help accelerate major technology inflections for our customers,” said Gary Dickerson, Applied Materials president and CEO. “The dividend increase reflects the strength of our financial position, which enables us to fuel innovation and provide attractive cash returns to shareholders.”

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

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