Applied Materials Announces Cash Dividend
June 07 2019 - 7:30AM
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 Sept. 12,
2019 to shareholders of record as of Aug. 22, 2019.
The quarterly cash dividend is a key component of Applied’s
capital allocation strategy. In the second quarter of fiscal 2019,
Applied returned $814 million to shareholders through
dividends and share repurchases. The company had nearly $3 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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