Applied Materials, Inc. (AMAT) to Issue Quarterly Dividend of $0.46 on March 12th

Applied Materials, Inc. (NASDAQ:AMAT) declared a quarterly dividend on Friday, December 12th. Stockholders of record on Thursday, February 19th will be paid a dividend of 0.46 per share by the manufacturing equipment provider on Thursday, March 12th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 19th.

Applied Materials has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 8 years. Applied Materials has a dividend payout ratio of 18.2% indicating that 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 Price Performance

Shares of NASDAQ:AMAT opened at $259.21 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87. Applied Materials has a 12 month low of $123.74 and a 12 month high of $276.10. The firm has a market capitalization of $206.50 billion, a P/E ratio of 29.86, a P/E/G ratio of 2.69 and a beta of 1.67. The company’s fifty day moving average price is $236.68 and its 200 day moving average price is $199.70.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, sell-side analysts predict that Applied Materials will post 9.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AMAT shares. Cowen restated a “buy” rating on shares of Applied Materials in a research report on Thursday, December 4th. DZ Bank upgraded shares of Applied Materials from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Citigroup raised their price target on Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Daiwa Capital Markets reaffirmed a “neutral” rating and set a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Finally, Barclays boosted their target price on Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $234.74.

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.