Boosting shareholder returns with a higher dividend
- Applied Materials raises quarterly dividend by 23%
- Dividend increased to 40 cents a share from 32 cents
- Annual yield now at 0.78%
Applied Materials’ board has approved a 23% increase in the semiconductor equipment maker’s quarterly dividend. The dividend will now be 40 cents per share, up from 32 cents. This move aims to boost shareholder returns and reflects the company’s confidence in its financial position. With the new dividend, the annual yield stands at 0.78%, providing investors with a higher return on their investment. The increased dividend will be paid on June 13 to shareholders of record as of May 23.
Factuality Level: 10
Factuality Justification: The article provides factual information about Applied Materials’ board raising the quarterly dividend by 25% and the new payout details. It includes relevant details such as the new dividend amount, annual yield, and payment dates without any digressions, bias, or inaccuracies.
Noise Level: 3
Noise Justification: The article provides clear and relevant information about Applied Materials’ board decision to raise the quarterly dividend by 25%. It stays on topic and does not contain irrelevant or misleading information. However, it lacks in-depth analysis, accountability, and actionable insights, which prevents it from scoring higher.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The news article pertains to a financial topic as it discusses Applied Materials’ board raising the company’s quarterly dividend.
Public Companies: Applied Materials (AMAT)
Key People: Colin Kellaher (Author)
Reported publicly:
www.marketwatch.com 
