Applied Materials (AMAT) Raises Quarterly Dividend 5% to $0.21; 2.2% Yield

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Applied Materials Increases Cash Dividend

March 8, 2019 7:30 AM EST

SANTA CLARA, Calif., March 08, 2019 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a five percent increase in the quarterly cash dividend from $0.20 to $0.21 per share payable on the companys common stock. The dividend is payable on June 13, 2019 to shareholders of record as of May 23, 2019.

The dividend increase reflects our ongoing commitment to return capital to shareholders while investing in the future growth of the company, said Gary Dickerson, president and CEO. Applied Materials is in a great position to deliver new innovations that accelerate our customers roadmaps and increase... More