Applied Materials Raises Quarterly Dividend by 9%
March 12 2021 - 8:06AM
Dow Jones News
By Colin Kellaher
Applied Materials Inc. on Friday said its board of raised the
quarterly dividend by 9%, to 24 cents a share from 22 cents.
The new payout, equal to 96 cents a year, represents an annual
yield of about 0.82% based on Thursday's closing price of $117.19,
up from 0.75%.
The Santa Clara, Calif., maker of semiconductor equipment said
the increased dividend is payable June 17 to shareholders of record
May 27.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 12, 2021 07:51 ET (12:51 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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