{"id":456714,"date":"2021-03-12T07:33:28","date_gmt":"2021-03-12T12:33:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456714"},"modified":"2021-03-12T07:33:28","modified_gmt":"2021-03-12T12:33:28","slug":"applied-materials-increases-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-increases-cash-dividend\/","title":{"rendered":"Applied Materials Increases Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SANTA CLARA, Calif., March  12, 2021  (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced that its Board of Directors has approved a 9-percent increase in the quarterly cash dividend from $0.22 to $0.24 per share payable on the company\u2019s common stock. The dividend is payable on June 17, 2021 to shareholders of record as of May 27, 2021.<\/p>\n<p align=\"start\">\u201cWe are excited about our growth opportunities as we help accelerate major technology inflections for our customers,\u201d said Gary Dickerson, Applied Materials president and CEO. \u201cThe dividend increase reflects the strength of our financial position, which enables us to fuel innovation and provide attractive cash returns to shareholders.\u201d<\/p>\n<p align=\"start\">The quarterly cash dividend is a key component of Applied\u2019s capital allocation strategy, and this marks the fourth consecutive year of dividend increases.<\/p>\n<p align=\"start\">\n        <strong>About Applied Materials<\/strong><br \/>\n        <br \/> 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=c8Ye5N9dRdjuEd7U2V573fXvJkPqPdx5mPzQa9Nr5qsaHnRElc9Mh3PCy5DIeSD6-kBELKPAQuNob5axGJlcfPU3tehQTxG21t1ax-dNnAQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.appliedmaterials.com<\/u><\/a>.<\/p>\n<p align=\"start\">\n        <strong>Contact:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YcS8MFmNsNBdJ5nQ7WWqt9hWrqlsYis3YBbEOhSMRC8ziz3B-OtB0cjt3xvp1_VGItyfCEKdsmtpF9ObwNnhhPCxOLPGrxtYdFI5oKMLdrA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>Ricky Gradwohl<\/u><br \/>\n        <\/a> (editorial\/media) 408.235.4676 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IK1ZM3w_O-8fDL4qsjeEQhdgE6Pd_k-XId7pZARmXNDX-aspKY3QhMhq5eog6vCMO4WpNBio2d9nBWeNgZMXYejUUJaA_JOJJ2MyhFLfG0A=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Michael Sullivan<\/u><\/a> (financial community) 408.986.7977<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODk5NiM0MDYwMDg0IzIwMDcxNDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/23187f61-5de2-47b7-97ff-73e188a6aeb1\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SANTA CLARA, Calif., March 12, 2021 (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced that its Board of Directors has approved a 9-percent increase in the quarterly cash dividend from $0.22 to $0.24 per share payable on the company\u2019s common stock. The dividend is payable on June 17, 2021 to shareholders of record as of May 27, 2021. \u201cWe are excited about our growth opportunities as we help accelerate major technology inflections for our customers,\u201d said Gary Dickerson, Applied Materials president and CEO. \u201cThe dividend increase reflects the strength of our financial position, which enables us to fuel innovation and provide attractive cash returns to shareholders.\u201d The quarterly cash dividend is a key component of Applied\u2019s capital allocation strategy, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-increases-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Applied Materials Increases Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456714","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Applied Materials Increases Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-increases-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Applied Materials Increases Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SANTA CLARA, Calif., March 12, 2021 (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced that its Board of Directors has approved a 9-percent increase in the quarterly cash dividend from $0.22 to $0.24 per share payable on the company\u2019s common stock. The dividend is payable on June 17, 2021 to shareholders of record as of May 27, 2021. \u201cWe are excited about our growth opportunities as we help accelerate major technology inflections for our customers,\u201d said Gary Dickerson, Applied Materials president and CEO. \u201cThe dividend increase reflects the strength of our financial position, which enables us to fuel innovation and provide attractive cash returns to shareholders.\u201d The quarterly cash dividend is a key component of Applied\u2019s capital allocation strategy, and &hellip; Continue reading &quot;Applied Materials Increases Cash Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-increases-cash-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-12T12:33:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODk5NiM0MDYwMDg0IzIwMDcxNDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Applied Materials Increases Cash Dividend\",\"datePublished\":\"2021-03-12T12:33:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/\"},\"wordCount\":203,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODk5NiM0MDYwMDg0IzIwMDcxNDQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/applied-materials-increases-cash-dividend\\\/\",\"name\":\"Applied Materials Increases Cash Dividend - 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