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Applied Materials Raises Dividend by 25%
AMATApplied Materials(AMAT) Investopedia·2024-03-12 02:00

Key TakeawaysApplied Materials Inc. announced Monday it was raising its quarterly dividend 25%, to 40 cents from 32 cents a share.Applied Materials finance chief Brice Hill said the semiconductor equipment maker is confident its continued growth will provide enough profit to cover the dividend increase.Shares of Applied Materials, which hit an all-time high Thursday, slipped about 2% in Monday afternoon trading but are still up about 80% over the past year. Applied Materials Inc. (AMAT) on Monday boosted it ...