Applied Materials Raises Quarterly Dividend by 4.8%
March 13 2020 - 8:08AM
Dow Jones News
By Colin Kellaher
Applied Materials Inc. on Friday said its board raised the
quarterly dividend by 4.8%, to 22 cents, from 21 cents.
The new payout, equal to 88 cents a year, represents an annual
yield of about 1.95% based on Thursday's closing price of $45.11,
up from 1.86%.
The Santa Clara, Calif., maker of semiconductor equipment said
the increased dividend is payable June 11 to shareholders of record
May 21.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 13, 2020 07:53 ET (11:53 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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