Are You Missing Out on This Stock's Monster Dividend Raise?
Semiconductor giant Applied Materials (NASDAQ: AMAT) recently announced a whopping 25% boost to its quarterly dividend, taking its total to $0.40 per share, up from $0.32 previously. That incredibly strong increase came on the heels of a 23% increase in 2023 and is part of the company's previously announced plan to double its payout over the next few years.
A monster dividend increase like that is a great reward to long-term shareholders, handing them a tangible cash return for the risks they've taken by holding the company's stock. Of course, for those of us who don't own Applied Materials' stock, that boost raises a key question: Are you missing out on this stock's monster dividend raise by not owning its shares?
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Source Fool.com
