Applied Materials Announces 11 Percent Increase in Cash Dividend
(Thomson Reuters ONE) -
SANTA CLARA, Calif., March 5, 2013 - Applied Materials, Inc. (Nasdaq:AMAT)
announced today that its Board of Directors has approved an 11% increase in the
quarterly cash dividend from $0.09 to $0.10 per share, payable on June 13, 2013
to stockholders of record as of May 23, 2013.
"This dividend increase reflects the confidence we have in our ability to
deliver strong cash flow performance and our ongoing commitment to return
capital to our stockholders," said Mike Splinter, chairman and chief executive
officer.
As of January 27, 2013, Applied Materials had approximately 1.2 billion shares
of common stock outstanding.
Forward-Looking Statements
This press release contains forward-looking statements, including those
regarding Applied's cash generation and deployment. These statements are subject
to known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by such statements, including
but not limited to: uncertain global economic and industry conditions;
customers' new technology and capacity requirements; the concentrated nature of
Applied's customer base; Applied's ability to timely align its cost structure
with business conditions and to attract, motivate and retain key employees; and
other risks described in the company's most recent Form 10-Q filed with the
SEC. All forward-looking statements are based on management's estimates,
projections and assumptions as of the date hereof, and Applied undertakes no
obligation to update any forward-looking statements.
About Applied Materials
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in providing
innovative equipment, services and software to enable the manufacture of
advanced semiconductor, flat panel display and solar photovoltaic products. Our
technologies help make innovations like smartphones, flat screen TVs and solar
panels more affordable and accessible to consumers and businesses around the
world. Learn more at www.appliedmaterials.com.
# # #
Contact:
Kevin Winston (editorial/media) 408.235.4498
Michael Sullivan (financial community) 408.986.7977
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originality of the information contained therein.
Source: Applied Materials via Thomson Reuters ONE
[HUG#1682903]
Unternehmensinformation / Kurzprofil:
Datum: 05.03.2013 - 15:00 Uhr
Sprache: Deutsch
News-ID 236132
Anzahl Zeichen: 2968
contact information:
Town:
Santa Clara
Kategorie:
Business News
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