SANTA CLARA, Calif., Sept. 06, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.20 per share payable on the company’s common stock. The dividend is payable on December 13, 2018 to shareholders of record as of November 23, 2018.
In addition to the quarterly cash dividend, Applied’s share repurchase program has returned approximately $5 billion to shareholders over the past four quarters, which is equivalent to nearly 9 percent of the shares outstanding at the beginning of that period. The company has approximately $5 billion remaining in its share buyback authorization.
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.
Ricky Gradwohl (editorial/media) 408.235.4676
Michael Sullivan (financial community) 408.986.7977
Applied Materials, Inc.