Applied Materials Announces Cash Dividend

Rhea-AI Summary

Applied Materials has announced a quarterly cash dividend of $0.22 per share for its common stock. The payment will be made on March 18, 2021, to shareholders on record as of February 25, 2021. The company is recognized as a leader in materials engineering solutions crucial for chip production and advanced displays.

Positive

• Quarterly cash dividend of $0.22 per share boosts shareholder income.
• Dividend payment reflects company confidence in financial stability.

Negative

• None.

SANTA CLARA, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) -- 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 March 18, 2021 to shareholders of record as of Feb. 25, 2021.

About Applied Materials
Applied 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) 408.235.4676
Michael Sullivan (financial community) 408.986.7977

FAQ

What is the dividend amount for AMAT?

The dividend amount for AMAT is $0.22 per share.

When is the AMAT dividend payable?

The AMAT dividend is payable on March 18, 2021.

What is the record date for AMAT's dividend?

The record date for AMAT's dividend is February 25, 2021.

How often does AMAT pay dividends?

AMAT pays dividends quarterly.

Is the AMAT dividend sustainable?

The sustainability of the AMAT dividend will depend on the company's financial performance and cash flow.