Applied Materials boosts dividend by 23% and share repurchase program by $10B
Applied Materials (NASDAQ:AMAT) declares $0.32/share quarterly dividend, 23.1% increase from prior dividend of $0.26.

Forward yield 1.12%
Payable June 15; for shareholders of record May 25; ex-div May 24.
The company also approved a new $10B share repurchase authorization, supplementing the previous authorization which had $4.7B remaining at the end of 1Q23.

âThe dividend increase, our largest in five years, and the new share repurchase authorization reflect our positive long-term view of the semiconductor market and our confidence in Appliedâs outsized growth opportunities driven by our technology leadership, broad portfolio of differentiated products and strong customer engagements,â said Gary Dickerson, President and CEO.
Shares up 1% PM.
See AMAT Dividend Scorecard, Yield Chart, & Dividend Growth.