$0.10 dividends are now a reality for Applied Materials, Inc. (NASDAQ:AMAT) shareholders. Here’s why.

November 21, 2017 - By Clifton Ray

 $0.10 dividends are now a reality for Applied Materials, Inc. (NASDAQ:AMAT) shareholders. Here's why.
Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.33, from 1.15 in 2017Q1. It turned negative, as 48 investors sold Applied Materials, Inc. shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported.
Johnson Inv Counsel owns 0.01% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 6,092 shares. Hm Payson & Company reported 17,629 shares stake. Syntal Ptnrs Ltd Limited Liability Company holds 0.17% or 19,464 shares. Stephens Inv Grp Ltd Liability reported 1,975 shares. Valicenti Advisory Services reported 0.11% stake. Atria Invests Ltd Llc has 14,905 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.18% invested in Applied Materials, Inc. (NASDAQ:AMAT). Cognios Capital Lc owns 5,782 shares for 0.08% of their portfolio. Webster State Bank N A holds 0% or 533 shares in its portfolio. Mufg Americas Holdings has 299,279 shares. Parametrica Limited reported 6,393 shares. Calamos Wealth Ltd Com invested in 34,881 shares or 0.2% of the stock. Employees Retirement System Of Texas invested 0.29% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Janney Montgomery Scott Limited Liability Company stated it has 0.05% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). 20,993 were accumulated by Signalpoint Asset Management Lc.

Since June 1, 2017, it had 0 buys, and 1 sale for $230,750 activity.

Applied Materials, Inc. (NASDAQ:AMAT) is expected to pay $0.10 on Dec 14, 2017. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 22, 2017 will be eligible to receive the payout. Based on Applied Materials, Inc.’s current price of $57.62, the dividend is 0.17 %. This dividend’s record date is Nov 24, 2017 and the announcement date is Sep 7, 2017. The stock increased 2.00% or $1.13 during the last trading session, reaching $57.62. About 119 shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 21, 2016 and is uptrending. It has outperformed by 104.70% the S&P500.

Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The company has market cap of $61.45 billion.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Among 27 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 26 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. has $76.0 highest and $12 lowest target. $51.41’s average target is -10.78% below currents $57.62 stock price. Applied Materials Inc. had 104 analyst reports since August 4, 2015 according to SRatingsIntel. As per Monday, June 27, the company rating was upgraded by DA Davidson. The firm has “Buy” rating by Citigroup given on Friday, August 12. The rating was maintained by Deutsche Bank with “Buy” on Friday, November 17. Needham upgraded the stock to “Buy” rating in Friday, February 19 report. Craig Hallum maintained the stock with “Buy” rating in Monday, September 18 report. Credit Agricole downgraded Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, December 10 to “Outperform” rating. The stock has “Sell” rating by Zacks on Thursday, August 13. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, September 27. The rating was maintained by Bank of America on Wednesday, November 15 with “Buy”. UBS maintained the shares of AMAT in report on Friday, August 19 with “Buy” rating.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Cnbc.com which released: “Applied Materials CEO: ‘The future of competition’ is changing across …” on November 17, 2017, also Businessinsider.com with their article: “Chip gear maker Applied Materials up after strong results, forecast” published on November 16, 2017, Globenewswire.com published: “Applied Materials to Hold Q4 & FY2017 Earnings Webcast on November 16, 2017 at …” on November 03, 2017. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Applied Materials Beats, Raises, CEO Gets Bullish” published on November 20, 2017 as well as Seekingalpha.com‘s news article titled: “Applied Materials In Danger Of Losing Top Semiconductor Equipment Ranking” with publication date: November 17, 2017.

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