5 Unstoppable Technology Stocks to Buy Now

2. Applied Materials, Inc. (NASDAQ:AMAT)

Number of Hedge Fund Holders: 111

Applied Materials, Inc. (NASDAQ:AMAT) is one of the Unstoppable Technology Stocks to Buy Now. On March 13, Applied Materials, Inc. (NASDAQ:AMAT) reported that its Board of Directors approved a 15% increase in the quarterly dividend. As a result, the company will now pay a quarterly dividend of $0.53, up from the previous payout of $0.46. The dividend will be payable on June 11, 2026, to shareholders of record from May 21, 2026.

​Management noted that this increase marks the 9th consecutive year of dividend increase. Brice Hill, SVP and CFO, highlighted that the dividend per share has more than doubled compared to four years ago. He emphasized the company’s strength in generating robust cash flow, which supports both shareholder payouts and investments for growth.

​Moreover, over the past 10 years, the dividend per share has compounded at 18% annually. The company has returned nearly 90% of its free cash flow to shareholders through dividends and share buybacks.

​Applied Materials, Inc. (NASDAQ:AMAT) is a leader in materials engineering solutions engaged in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.