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Reflects confidence in its ability to deliver strong cash flow and commitment to return capital to stockholders
March 5, 2013
By: DAVID SAVASTANO
Applied Materials, Inc. announced that its Board of Directors has approved an 11% increase in the quarterly cash dividend from $0.09 to $0.10 per share, payable on June 13, 2013 to stockholders of record as of May 23, 2013. “This dividend increase reflects the confidence we have in our ability to deliver strong cash flow performance and our ongoing commitment to return capital to our stockholders,” said Mike Splinter, chairman and CEO.
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