Applied Materials has announced a 15% increase in its quarterly cash dividend, raising it to $0.46 per share, payable on June 12, 2025, to shareholders of record as of May 22, 2025. This marks the eighth consecutive year of dividend increases. The company’s Board of Directors has also authorized a new $10 billion share repurchase program, supplementing the existing program, which had $7.6 billion remaining at the end of the first quarter of fiscal 2025.

CFO Brice Hill highlighted that over the past decade, Applied Materials has returned nearly 90% of its free cash flow to shareholders. The dividend increase and expanded buyback program reflect confidence in the company’s business prospects and its commitment to returning excess cash to shareholders.

The announcement includes forward-looking statements regarding dividend payments and share repurchases, subject to risks and market conditions. Applied Materials remains a leader in materials engineering solutions for semiconductor and display manufacturing, with a focus on innovation at the atomic scale.