Applied Materials announces quarterly cash dividend increase to 0.53 per share
The board approved the $0.53 payment, part of nine consecutive years of increases and reflecting 90% free cash flow distribution to shareholders.
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Materials engineering and semiconductor equipment provider
appliedmaterials.comLast updated
In short: Applied Materials reported record fiscal third-quarter revenue of $9.12 billion, driven by sustained demand for AI chipmaking equipment.
The board approved the $0.53 payment, part of nine consecutive years of increases and reflecting 90% free cash flow distribution to shareholders.
He joins the Audit Committee and brings extensive semiconductor financial leadership to support the company next phase of growth.
EPS reached $3.50 non-GAAP, up 41 percent year-over-year, while the company expanded EPIC partnerships and launched new chipmaking systems for AI demand.
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