Home » Applied Materials Hikes Dividend For 8th Year, Greenlights $10 Billion Buyback to Reward Investors

Applied Materials Hikes Dividend For 8th Year, Greenlights $10 Billion Buyback to Reward Investors

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On Monday, Applied Materials, Inc (NASDAQ:AMAT) announced that its board of directors had approved a 15% increase in the quarterly cash dividend, marking eight consecutive years of higher dividends.

The increase results in a quarterly dividend of 46 cents per share, payable on June 12, to shareholders of record as of May 22, 2025, up from prior 40 cents per share.

The Board also approved a new share repurchase to buy back an additional $10 billion of its shares over time.

Also Read: Lam Research Commits $1.2 Billion Investment In India, …

Full story available on Benzinga.com

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