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

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Applied Materials Announces Cash Dividend

December 13, 2024 7:30 AM EST

SANTA CLARA, Calif., Dec. 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 March 13, 2025 to shareholders of record as of Feb. 20, 2025.

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, marking the seventh... More