Applied Materials Announces Cash Dividend
September 06 2018 - 4:05PM
Applied Materials, Inc. today announced that its Board of Directors
has approved a quarterly cash dividend of $0.20 per share payable
on the company’s common stock. The dividend is payable on December
13, 2018 to shareholders of record as of November 23, 2018.
In addition to the quarterly cash dividend, Applied’s share
repurchase program has returned approximately $5 billion to
shareholders over the past four quarters, which is equivalent to
nearly 9 percent of the shares outstanding at the beginning of that
period. The company has approximately $5 billion remaining in its
share buyback authorization.
About Applied MaterialsApplied Materials, Inc.
(Nasdaq: AMAT) is the leader in materials engineering solutions
used to produce virtually every new chip and advanced display in
the world. Our expertise in modifying materials at atomic levels
and on an industrial scale enables customers to transform
possibilities into reality. At Applied Materials, our innovations
make possible the technology shaping the future. Learn more at
www.appliedmaterials.com.
Contact:Ricky Gradwohl (editorial/media)
408.235.4676Michael Sullivan (financial community) 408.986.7977
Applied Materials (NASDAQ:AMAT)
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