SANTA CLARA, Calif., December 8, 2014 - Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company's common stock. The dividend is payable on March 11, 2015 to stockholders of record as of February 18, 2015.
If Applied Materials' proposed business combination with Tokyo Electron Limited closes before February 18, 2015, the record date will be a date before the closing date. In such event, the dividend will be pro-rated, with stockholders receiving $0.001111 per share for each day beginning November 21, 2014, the day after the record date for the previous quarterly dividend, and ending on the record date. The pro-rated dividend, which ensures that stockholders continue to receive dividends at the current rate, will be payable within 60 days of the record date.
About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the global leader in precision materials engineering solutions for the semiconductor, flat panel display and solar photovoltaic industries. 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 (http://www.appliedmaterials.com).
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Contact:
Kevin Winston (mailto:kevin_winston@amat.com) (editorial/media) 408.235.4498
Michael Sullivan (mailto:michael_sullivan@amat.com) (financial community) 408.986.7977
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Applied Materials via Globenewswire
