Applied Materials Announces Cash Dividend

World News: . []

SANTA CLARA, Calif., Dec. 07, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.20 per share payable on the company’s common stock. The dividend is payable on March 14, 2019 to shareholders of record as of Feb. 21, 2019.

The quarterly cash dividend is a key component of Applied’s capital allocation strategy. In fiscal 2018, Applied returned nearly $5.9 billion to shareholders through dividends and share repurchases. The company had approximately $4.3 billion remaining in its share buyback authorization at fiscal year-end.  

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Globe Newswire: 12:30 GMT Friday 7th December 2018

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