Applied Materials Announces Cash Dividend
August 31 2020 - 4:15PM
Applied Materials, Inc. today announced that its Board of Directors
has approved a quarterly cash dividend of $0.22 per share payable
on the company’s common stock. The dividend is payable on Dec. 10,
2020 to shareholders of record as of Nov. 19, 2020.
The quarterly cash dividend is a key component of Applied’s
capital allocation strategy. In the third quarter of fiscal 2020,
Applied returned $402 million to shareholders through
dividends and share repurchases. The company had approximately $1.3
billion remaining in its share buyback authorization at the end of
that 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)
Historical Stock Chart
From Mar 2024 to Apr 2024
Applied Materials (NASDAQ:AMAT)
Historical Stock Chart
From Apr 2023 to Apr 2024