Applied Materials, Inc.
AMATTechnology · Stock · quarterly payer
Forward Yield
0.40%
Annual Dividend
$2.12
Payout Ratio
17%
5-Yr Growth
15.4%
Ex-Date
Aug 20, 2026
Frequency
Quarterly
Summary
As of July 2026, Applied Materials, Inc. (AMAT) yields 0.40% ($2.12 per share annually), with a blended fair-value estimate of $255.11 — -52% downside, so it screens as overvalued. Dividend safety grade: A (94/100). 8 years of dividend growth.
Is AMAT a good dividend stock?
YesApplied Materials, Inc. (AMAT) pays a quarterly dividend yielding 0.40% ($2.12/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (17%)
- Strong 15.4% 5-yr dividend growth
- 292% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.40%
- Payout Ratio
- 17%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 15.4%
- Ex-Dividend Date
- Aug 20, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 1.57
- Market Cap
- $417.4B
- P/E Ratio
- 49.7
- 5-Yr Total Return
- 292%
- 52-Week Range
- $154.47 – $739.67
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
AMAT Price — Last 12 Months
Daily close
Price Return
1 Year
+229%
3 Years
+247%
5 Years
+292%
52-Week Range
$154.47 – $739.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AMAT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Applied Materials, Inc. is $255.11 per share, versus a market price of $529.66. That implies 52% of downside.
Fair Value
$255.11
Current Price
$529.66
Downside
-52%
Margin of Safety
-108%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $10.65 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AMAT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.5300 | regular |
| Feb 19, 2026 | — | $0.4600 | regular |
| Nov 20, 2025 | — | $0.4600 | regular |
| Aug 21, 2025 | — | $0.4600 | regular |
| May 22, 2025 | — | $0.4600 | regular |
| Feb 20, 2025 | — | $0.4000 | regular |
| Nov 21, 2024 | — | $0.4000 | regular |
| Aug 22, 2024 | — | $0.4000 | regular |
| May 22, 2024 | — | $0.4000 | regular |
| Feb 21, 2024 | — | $0.3200 | regular |
| Nov 22, 2023 | — | $0.3200 | regular |
| Aug 23, 2023 | — | $0.3200 | regular |
| May 24, 2023 | — | $0.3200 | regular |
| Feb 22, 2023 | — | $0.2600 | regular |
Income Calculator
At $2.12 / yr per share
