Applied Materials (AMAT) Declares $0.40 Quarterly Dividend; 0.7% Yield

Go back to Applied Materials (AMAT) Declares $0.40 Quarterly Dividend; 0.7% Yield

Applied Materials Announces Cash Dividend

June 13, 2024 7:30 AM EDT

SANTA CLARA, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the companys common stock. The dividend is payable on Sept. 12, 2024 to shareholders of record as of Aug. 22, 2024.

The cash dividend is a key component of Applieds capital allocation strategy. In March 2023, Applied announced a 23-percent increase in the quarterly dividend, and in March 2024, Applied announced a 25-percent increase... More