Applied Materials, Inc. (NASDAQ:AMAT) Announces Dividend Increase – $0.53 Per Share

Applied Materials, Inc. (NASDAQ:AMAT) declared a quarterly dividend on Friday, March 13th. Investors of record on Thursday, May 21st will be paid a dividend of 0.53 per share by the manufacturing equipment provider on Thursday, June 11th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, May 21st. This is a 15.2% increase from Applied Materials’s previous quarterly dividend of $0.46.

Applied Materials has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 8 years. Applied Materials has a payout ratio of 18.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Applied Materials to earn $10.07 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 18.3%.

Applied Materials Price Performance

Shares of AMAT opened at $341.53 on Friday. Applied Materials has a 12 month low of $123.74 and a 12 month high of $395.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. The stock has a fifty day moving average price of $334.48 and a 200 day moving average price of $261.80. The company has a market cap of $271.04 billion, a P/E ratio of 34.96, a PEG ratio of 1.52 and a beta of 1.65.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.88 billion. During the same period last year, the business posted $2.38 earnings per share. The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, research analysts forecast that Applied Materials will post 9.38 earnings per share for the current year.

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.