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Applied Materials announces increased cash dividend

Post Time:Mar 08,2010Classify:Industry NewsView:115

Applied Materials Inc., the global leader in nanomanufacturing technology solutions for the semiconductor, flat panel display and solar industries, today announced that its Board of Directors has approved a 17 percentincrease in the quarterly cash dividend to $0.07 per share, payable on June 16, 2010, to stockholders of record as of May 26, 2010. Previously, the quarterly cash dividend was $0.06 per share. Applied's board also approved a new stock repurchase program authorizing up to $2 billion in repurchases over the next three years ending in March 2013, according to a March 8 Benzinga report.

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