Applied Materials (AMAT) Declares $0.40 Quarterly Dividend; 0.9% Yield

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Go back to Applied Materials (AMAT) Declares $0.40 Quarterly Dividend; 0.9% Yield

Applied Materials Announces Cash Dividend

September 12, 2024 4:05 PM EDT

SANTA CLARA, Calif., Sept. 12, 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 Dec. 12, 2024 to shareholders of record as of Nov. 21, 2024.

The cash dividend is a key component of Applieds capital allocation strategy. In March 2024, Applied announced a 25-percent increase in the dividend per share, from $0.32 to $0.40. Applieds dividend per share... More