DividendJun 9, 2026, 07:36 AM
Applied Materials Approves $0.53 Quarterly Dividend
AI Summary
Applied Materials, Inc. announced its Board of Directors has approved a quarterly cash dividend of $0.53 per share. This follows a 15% increase in March 2026, marking nine consecutive years of dividend growth. The company also highlighted its capital allocation strategy, distributing $765 million in Q2 fiscal 2026 through dividends and share repurchases, with $13.2 billion remaining in its repurchase authorization.
Key Highlights
- Applied Materials Board approved a quarterly cash dividend of $0.53 per share.
- The dividend is payable on Sept. 10, 2026, to shareholders of record as of Aug. 20, 2026.
- The March 2026 increase raised the quarterly dividend from $0.46 to $0.53 per share.
- The company has increased its dividend for nine consecutive years.
- Dividend per share has grown at an 18% CAGR over the past decade.
- In Q2 fiscal 2026, Applied distributed $765 million via dividends and share repurchases.
- Approximately $13.2 billion remained in the share repurchase authorization at period end.
Price Impact
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