Applied Materials, Inc. (AMAT) to Issue Quarterly Dividend of $0.46 on December 11th

Applied Materials, Inc. (NASDAQ:AMAT) announced a quarterly dividend on Friday, September 12th, RTT News reports. Stockholders of record on Thursday, November 20th will be paid a dividend of 0.46 per share by the manufacturing equipment provider on Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 20th.

Applied Materials has a dividend payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Applied Materials to earn $10.07 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 18.3%.

Applied Materials Stock Down 1.4%

Shares of NASDAQ:AMAT opened at $167.80 on Friday. Applied Materials has a one year low of $123.74 and a one year high of $215.70. The company has a 50 day moving average of $177.79 and a 200-day moving average of $164.69. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The stock has a market cap of $133.68 billion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 2.42 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts forecast that Applied Materials will post 9.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMAT. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a report on Friday, August 15th. Stifel Nicolaus reduced their price target on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating for the company in a report on Friday, August 15th. Cantor Fitzgerald reduced their price target on shares of Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, August 15th. Finally, Wolfe Research reduced their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $192.92.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.