Applied Materials has announced a 15% increase in its quarterly cash dividend, raising it to $0.46 per share. The dividend is payable on June 12, 2025, to shareholders of record as of May 22, 2025. This marks the eighth consecutive year the company has increased its dividend.

Additionally, the Board of Directors approved a new $10 billion share repurchase authorization, which adds to the approximately $7.6 billion remaining from a prior authorization. Over the past decade, Applied Materials has returned nearly 90% of its free cash flow to shareholders.

CFO Brice Hill stated that these actions reflect confidence in the company’s business outlook and commitment to delivering long-term shareholder value.