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

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Applied Materials, Inc. (NASDAQ:AMAT) has announced a quarterly dividend increase to $0.53 per share, payable on June 11 to shareholders of record on May 21. This represents a 15.2% increase from the previous dividend of $0.46 and an annualized dividend of $1.84, with a current yield of approximately 0.6%. The company’s dividend appears sustainable, supported by a low payout ratio of 18.2% and consistent dividend raises over the past eight years, alongside strong recent earnings and revenue performance.

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