NEW YORK (

TheStreet

) -- The ex-dividend date for

Applied Materials

(Nasdaq:

AMAT

) is Monday, February 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $15.98 as of 10:06 a.m. ET, the dividend yield is 1.8%.

The average volume for Applied has been 15.3 million shares per day over the past 30 days. Applied has a market cap of $20.7 billion and is part of the

technology

sector and

electronics

industry. Shares are up 12.7% year to date as of the close of trading on Thursday.

Applied Materials, Inc. provides nanomanufacturing technology solutions for the semiconductor, flat panel display, solar, and related industries worldwide. Its Silicon segment provides a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. The company has a P/E ratio of 22.3, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Applied as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Applied Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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