Applied Materials (AMAT) Raises Quarterly Dividend 23.1% to $0.32; Approves $10 Billion Buyback

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Go back to Applied Materials (AMAT) Raises Quarterly Dividend 23.1% to $0.32; Approves $10 Billion Buyback

Applied Materials (AMAT) could double dividend over next several years on services strength - Deutsche Bank

March 13, 2023 11:48 AM EDT

Deutsche Bank analyst Sidney Ho reiterated a Buy rating and $125.00 price target on Applied Materials (NASDAQ: AMAT) after the company announced a new $10 billion buyback and a raised dividend. The analyst sees the company potentially doubling the dividend over next
several years and said the most incremental takeaway from the announcement is... More