Applied Materials(NASDAQ:AMAT) Declares Dividend of $0.1000.

Applied Materials (NASDAQ:AMAT) had declared a cash dividend of $0.1000 on Jun 9, 2016. The shares will quote ex-dividend on Aug 23, 2016 and the record date has been fixed for Aug 25, 2016. On Jun 9, 2016 share price, the yield comes out to be 1.6380%. The dividend payable date has been fixed on Sep 15, 2016.

In a different note, On Jun 2, 2016, Goldman Sachs said it Maintains its rating on Applied Materials. In the research note, the firm Raises the price-target to $25.00 per share. The shares have been rated ‘Buy’ by the firm. On May 27, 2016, Stifel Nicolaus said it Maintains its rating on Applied Materials. In the research note, the firm Raises the price-target to $24.00 per share. The shares have been rated ‘Buy’ by the firm. On May 25, 2016, Citigroup said it Upgrades its rating on Applied Materials. The shares have been rated ‘Buy’ by the firm. On May 20, 2016, Cowen & Company said it Maintains its rating on Applied Materials. In the research note, the firm Raises the price-target to $24.00 per share. The shares have been rated ‘Outperform’ by the firm. On May 20, 2016, B. Riley said it Upgrades its rating on Applied Materials. The shares have been rated ‘Buy’ by the firm. On May 20, 2016, UBS said it Maintains its rating on Applied Materials. In the research note, the firm Raises the price-target to $26.00 per share. The shares have been rated ‘Buy’ by the firm.

Applied Materials (AMAT) shares turned negative on Wednesdays trading session with the shares closing down -0.04 points or -0.17% at a volume of 1,39,12,714. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.95. The peak price level was also seen at $23.95 while the days lowest was $23.52. Finally the shares closed at $23.7. The 52-week high of the shares is $24.65 while the 52-week low is $14.25. According to the latest information available, the market cap of the company is $25,813 M.

Applied Materials(AMAT) last announced its earnings results on May 19, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.45B. Analysts had an estimated revenue of $2.42B. Earnings per share were $0.34. Analysts had estimated an EPS of $0.32.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Ali Salehpour (Sr. VP, GM New Mrkts & Service) sold 40,000 shares at $24.37 per share price.Also, On May 27, 2016, Thomas J Iannotti (director) sold 15,000 shares at $23.67 per share price.On May 25, 2016, Stephen R Forrest (director) sold 5,000 shares at $22.86 per share price, according to the Form-4 filing with the securities and exchange commission.

Applied Materials Inc. (Applied) provides manufacturing equipment services and software to the global semiconductor flat panel display solar photovoltaic (PV) and related industries. Applied operates in four segments: Silicon Systems Group Applied Global Services Display and Energy and Environmental Solutions. The Silicon Systems Group segment develops manufactures and sells manufacturing equipment used to fabricate semiconductor chips. The Applied Global Services segment encompasses services products and integrated solutions to optimize equipment and fab performance and productivity. The Display Segment includes products for manufacturing liquid crystal displays organic light-emitting diodes and other display technologies for televisions personal computers tablets smartphones and other devices. The Energy and Environmental Solutions segment includes systems for manufacturing wafer-based crystalline silicon cells and modules.

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