05 mar: Consumer Group Claims Coke, Pepsi Contain Carcinogens
05 mar: Australian Anti-Coal Activists Plan To Disrupt Industry - Report
05-03-2012 22:53:00

Applied Materials Lifts Dividend 13%, Adds $3 Billion To Buybacks

Relateret indhold

DOW JONES NEWSWIRES

Applied Materials Inc. (AMAT) raised its quarterly dividend 13% and authorized up to $3 billion in stock buybacks over the next three years, joining a growing list of companies that have stepped up efforts to reward shareholders of late.

The penny per-share dividend increase--to 9 cents a share--will cost the company about $5.16 million more each year.

Applied's current stock-repurchase program launched in 2010 meanwhile has less than $1 billion worth of buybacks remaining. That program will end when the new plan goes into effect. The new buyback program is slated to expire in March 2015.

Many companies have raised payouts to shareholders in recent months to signal confidence in their business prospects while reassuring investors who might have been dissuaded by last fall's stock market volatility.

Applied Materials' latest fiscal first-quarter profit slumped on weaker sales and acquisition costs, but the semiconductor-equipment maker said recent orders would deliver a stronger result in the second quarter.

Chairman and Chief Executive Mike Splinter on Monday said the latest dividend increase demonstrates the company's confidence in its ability to generate strong cash flow across business cycles.

"Both the dividend and the share repurchase program demonstrate our ongoing commitment to return capital to our shareholders, while we continue to invest in the long-term growth of our businesses," Splinter said.

Shares were recently up 1%, at $12.15 after hours. The stock is off 28% over the past year through Monday's close.

-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

(END) Dow Jones Newswires

March 05, 2012 17:53 ET (22:53 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Aktier/middag: Regnskaber sender Nordea og Tryg til tops

28-01-2015 11:39:25
Finanssektoren sætter et stort fingeraftryk på det danske aktiemarked onsdag. Nydelige regnskaber fra Nordea og Tryg belønnes med store kursstigninger i et mark..

Tryg slår markedets forventninger med flere længder

28-01-2015 08:03:55
Tryg kom betydeligt bedre ud af fjerde kvartal af 2014 end ventet af analytikerne.Det viser regnskabet fra forsikringskoncernen onsdag morgen.Nettoresultatet la..

Intermail Q1: Overskud fordoblet trods dræn på toplinjen

27-01-2015 16:33:34
Intermail, der blandt andet producerer konvolutter, havde trods fortsat faldende omsætning overskud i første kvartal af det forskudte regnskabsår 2014/15.- I fø..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Nordea Q4: Øger overskud og udbytte
2
Tirsdagens aktier: FLSmidth gravet ned da rekordrusen stoppede
3
Apple overgik enhver forventning i seneste kvartal
4
FLS/Sydbank: Endnu intet lys for enden af tunnelen
5
Tryg slår markedets forventninger med flere længder

Relaterede aktiekurser

Applied Materials Inc 23,57 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
28. januar 2015 13:07:42
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150121.1 - EUROWEB5 - 2015-01-28 13:07:42 - 2015-01-28 13:07:42 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x