Applied Materials Announces Cash Dividend
September 05 2019 - 5:00PM
Applied Materials, Inc. today announced that its Board of Directors
has approved a quarterly cash dividend of $0.21 per share payable
on the company’s common stock. The dividend is payable on Dec. 12,
2019 to shareholders of record as of Nov. 21, 2019.
The quarterly cash dividend is a key component of Applied’s
capital allocation strategy. In the third quarter of fiscal 2019,
Applied returned $724 million to shareholders through
dividends and share repurchases. The company had approximately $2.4
billion remaining in its share buyback authorization at the end of
the period.
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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