Applied Materials, Inc.’s Board of Directors has approved a 25% increase in the quarterly cash dividend from $0.32 to $0.40 per share. The dividend is payable on June 13, 2024 to shareholders of record as of May 23, 2024. The announcement marks the seventh consecutive year that Applied has raised its dividend. “Our latest dividend increase reflects our confidence in Applied Materials’ ability to generate profitable growth and strong free cash flow,” said Brice Hill, SVP and CFO. “We believe A...