Applied Materials, Inc. (NASDAQ:AMAT) Board Authorize Quarterly Dividend

Applied Materials, Inc. (NASDAQ:AMAT) declared quarterly dividend of $ 0.22 per share, or $ 0.88 annualized.

The dividend will be payable on December 10, 2020, to stockholders of record on November 19, 2020, with an ex-dividend date of November 18, 2020.

Dividends History

Click Here For More Historical Dividends Of Applied Materials, Inc.

Applied Materials, Inc. recently reported third quarter financial results on August 13, 2020, after market close, manufacturer of semiconductor equipments reported income for the third quarter of $ 1.06 per share, from the revenue of $ 4,395.00 million. The quarterly earnings boosted 32.50 percent while revenues swell 17.08 percent compared with the same quarter last year.
According to street consensus, AMAT was expected to report 3Q20 income of $ 1.02 per share from revenue of $ 4372.19 million. The bottom line results beat street analysts by $ 0.04 or 3.92 percent, at the same time, top line results outshined analysts by $ 22.81 million or 0.52 percent.

Stock Performance

Shares of Applied Materials, Inc. traded low $ -1.47 or -2.33 percent on Monday, reaching $ 61.60 with volume of 6.02 million shares. Applied Materials, Inc. has traded high as $ 62.61 and has cracked $ 61.42 on the downward trend

The closing price of $ 61.60, representing a 72.13 % increase from the 52 week low of $ 36.64 and a 9.77 % decrease over the 52 week high of $ 69.90.

The company has a market capital of $ 56.26 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets.