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SANTA CLARA, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — Applied Materials, Inc. in the present day introduced that its Board of Directors has accepted a quarterly money dividend of $0.26 per share payable on the corporate’s frequent inventory. The dividend is payable on Dec. 15, 2022 to shareholders of file as of Nov. 25, 2022.
The quarterly money dividend is a key part of Applied’s capital allocation technique. In the third quarter of fiscal 2022, Applied returned $1.23 billion to shareholders by dividends and share repurchases. The firm had roughly $6.4 billion remaining in its share buyback authorization on the finish of that interval.
About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the chief in supplies engineering options used to provide just about each new chip and superior show on this planet. Our experience in modifying supplies at atomic ranges and on an industrial scale allows clients to rework prospects into actuality. At Applied Materials, our improvements make doable a greater future. Learn extra at www.appliedmaterials.com.
Contact:
Ricky Gradwohl (editorial/media) 408.235.4676
Michael Sullivan (monetary neighborhood) 408.986.7977
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