Applied Materials Raises Quarterly Dividend by 15.2%

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Applied Materials, Inc. (NASDAQ:AMAT) announced a 15.2% increase to its quarterly dividend, raising it from $0.46 per share to $0.53 per share. The dividend will be payable on June 11th to shareholders of record as of May 21st. This represents an annualized dividend of $2.12 per share and a yield of 0.6% based on the company's current stock price.

Why it matters

The dividend increase reflects Applied Materials' strong financial performance and confidence in its future outlook. As a leading supplier of semiconductor manufacturing equipment, the company's dividend policy is closely watched by investors as an indicator of its business health and management's commitment to returning capital to shareholders.

The details

Applied Materials has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the past 8 years. The company's payout ratio of 18.2% indicates its dividend is well covered by earnings, and analysts expect Applied Materials to earn $10.07 per share next year, which would give it a projected payout ratio of 18.3%.

• The dividend of $0.53 per share will be payable on June 11, 2026.
• The ex-dividend date is May 21, 2026.
• Shareholders of record as of May 21, 2026 will receive the dividend.