Applied Materials to Pay 40 Cent Cash Dividend

<p><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; Applied Materials announced that its Board of Directors has approved a quarterly cash dividend of &dollar;0&period;40 per share payable on the company’s common stock&period; The dividend is payable on Sept&period; 12&comma; 2024 to shareholders of record as of Aug&period; 22&comma; 2024&period;<&sol;p>&NewLine;<p>The cash dividend is a key component of Applied’s capital allocation strategy&period; In March 2023&comma; Applied announced a 23-percent increase in the quarterly dividend&comma; and in March 2024&comma; Applied announced a 25-percent increase from &dollar;0&period;32 to &dollar;0&period;40 per share&period; Applied’s dividend per share has increased in each of the past seven years and grown at a compound rate of 15 percent over the past 10 years&period;<&sol;p>&NewLine;<p>In the second quarter of fiscal 2024&comma; Applied distributed &dollar;1&period;09 billion to shareholders through dividends and share repurchases&period; The company had approximately &dollar;11&period;2 billion remaining in its share buyback authorization at the end of the period&period;<&sol;p>&NewLine;<p><&excl;-- TradingView Widget BEGIN --><&sol;p>&NewLine;<div class&equals;"tradingview-widget-container">&NewLine;<div class&equals;"tradingview-widget-container&lowbar;&lowbar;widget"><&sol;div>&NewLine;<div class&equals;"tradingview-widget-copyright"><a href&equals;"https&colon;&sol;&sol;www&period;tradingview&period;com&sol;" rel&equals;"noopener nofollow" target&equals;"&lowbar;blank"><span class&equals;"blue-text">Track all markets on TradingView<&sol;span><&sol;a><&sol;div>&NewLine;<p> <script type&equals;"text&sol;javascript" src&equals;"https&colon;&sol;&sol;s3&period;tradingview&period;com&sol;external-embedding&sol;embed-widget-symbol-info&period;js" async>&NewLine; &lbrace;&NewLine; "symbol"&colon; "NASDAQ&colon;AMAT"&comma;&NewLine; "width"&colon; 550&comma;&NewLine; "locale"&colon; "en"&comma;&NewLine; "colorTheme"&colon; "light"&comma;&NewLine; "isTransparent"&colon; false&NewLine;&rcub;&NewLine; <&sol;script>&NewLine;<&sol;div>&NewLine;<p><&excl;-- TradingView Widget END --><&sol;p>&NewLine;