GlobeNewswire Inc | Dec 2, 2021 04:05PM EST

December 02, 2021

SANTA CLARA, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.24 per share payable on the companys common stock. The dividend is payable on March 16, 2022 to shareholders of record as of Feb. 23, 2022.

The quarterly cash dividend is a key component of Applieds capital allocation strategy. In fiscal 2021, Applied returned$4.59 billionto shareholders through dividends and share repurchases. The company had approximately$5.0 billionremaining in its share buyback authorization at the end of that period.

About Applied Materials Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future. Learn more at www.appliedmaterials.com.

Contact:Ricky Gradwohl (editorial/media) 408.235.4676 Michael Sullivan (financial community) 408.986.7977