Applied Materials, Inc. Declares Quarterly Dividend of $0.53 (NASDAQ:AMAT)

Key Points

• Applied Materials declared a quarterly dividend of $0.53 per share, payable December 10 to shareholders of record on November 19. The dividend yields approximately 0.5% annually.
• The company has raised its dividend for eight consecutive years, with a current payout ratio of 21%, indicating strong earnings coverage. Analysts expect the forward payout ratio to fall to 11.6%.
• Applied Materials recently reported quarterly EPS of $3.50 and revenue of $9.12 billion, beating estimates, while revenue grew 24.8% year over year.

Applied Materials, Inc. (NASDAQ:AMAT - Get Free Report) announced a quarterly dividend on Thursday, September 10th. Investors of record on Thursday, November 19th will be given a dividend of 0.53 per share by the manufacturing equipment provider on Thursday, December 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, November 19th.

Applied Materials has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. Applied Materials has a dividend payout ratio of 21.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Applied Materials to earn $18.28 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 11.6%.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $454.01 on Friday. Applied Materials has a twelve month low of $164.00 and a twelve month high of $739.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The company has a market cap of $360.30 billion, a PE ratio of 39.14, a price-to-earnings-growth ratio of 1.31 and a beta of 1.60. The company's 50 day moving average is $516.82 and its 200 day moving average is $463.98.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the firm earned $2.48 EPS. The business's revenue for the quarter was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts forecast that Applied Materials will post 12.76 EPS for the current year.

About Applied Materials

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.

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