Applied Materials, Inc. (NASDAQ:AMAT) to Issue $0.53 Quarterly Dividend

Applied Materials, Inc. (NASDAQ:AMAT) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Thursday, August 20th will be paid a dividend of 0.53 per share by the manufacturing equipment provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th.

Applied Materials has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. Applied Materials has a payout ratio of 21.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Applied Materials to earn $15.77 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 13.4%.

Applied Materials Stock Up 1.4%

Shares of NASDAQ:AMAT opened at $499.21 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $415.25 and a 200 day simple moving average of $346.85. The firm has a market cap of $396.35 billion, a PE ratio of 46.87, a price-to-earnings-growth ratio of 1.38 and a beta of 1.67. Applied Materials has a 12-month low of $154.46 and a 12-month high of $525.98.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities research analysts anticipate that Applied Materials will post 12.02 EPS for the current fiscal year.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the sale, the chief accounting officer directly owned 4,280 shares in the company, valued at approximately $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the completion of the sale, the chief financial officer owned 136,113 shares in the company, valued at approximately $67,901,331.18. This trade represents a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 in the last ninety days. 0.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Applied Materials

A number of large investors have recently made changes to their positions in AMAT. Brighton Jones LLC raised its holdings in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC acquired a new position in shares of Applied Materials in the 2nd quarter valued at about $410,000. Schnieders Capital Management LLC. increased its holdings in shares of Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after purchasing an additional 3,469 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after purchasing an additional 157,426 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.