Applied Materials Announces Cash Dividend
09 September 2022 - 6:05AM
Applied Materials, Inc. today announced that its Board of Directors
has approved a quarterly cash dividend of $0.26 per share payable
on the company’s common stock. The dividend is payable on Dec. 15,
2022 to shareholders of record as of Nov. 25, 2022.
The quarterly cash dividend is a key component of Applied’s
capital allocation strategy. In the third quarter of fiscal 2022,
Applied returned $1.23 billion to shareholders through dividends
and share repurchases. The company had approximately $6.4
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 a better 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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