The next AMAT dividend is payable on June 16, 2022 to shareholders of record as of May 26, 2022. A new annual rate of $1.04 per share yields 0.8% at a stock price of $135. The quarterly cash dividend is a key component of Applied’s capital allocation strategy, and this marks the 5th consecutive year of dividend increases.

Applied Materials, Inc. is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. The company provides manufacturing equipment, services and software to the global semiconductor, display and related industries. Applied Materials has three operating segments: Semiconductor Systems, Applied Global Services and Display and Adjacent Markets. The company's customers include manufacturers of semiconductor chips, liquid crystal and organic light-emitting diode (OLED) displays, and other electronic devices. Applied Materials was incorporated in 1967 and has paid a dividend every year since 2005.