Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 321.34

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To: Jeff Maresh who wrote (7995)	9/17/1997 10:36:00 AM
From: Teri Skogerboe	of 70976

Hi Jeff, Re: Split. NEW YORK -(Dow Jones)- Applied Materials late Thursday declared a 100% stock dividend. The dividend is payable Oct. 13 to shareholders of record Sept. 25. A stock dividend is payment of a corporate dividend in the form of stock rather than cash. From the corporate point of view, stock dividends conserve cash. For the stockholder, the advantage is that the additional stock isn't taxed until sold - unlike a cash dividend, which must be declared as income the year it is received. Applied Materials announced the 100% stock dividend after the market closed Thursday. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved. Transmitted: 9/11/97 11:02 PM EDT (L100YiRJ)

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