Applied Materials, Inc. (NASDAQ:AMAT) will release earnings results for the fourth quarter, after the closing bell on Thursday.

Analysts expect the tech company to report quarterly earnings at $2.10 per share, down from $2.32 per share in the year-ago period. The consensus estimate for Applied Materials' quarterly revenue is $6.67 billion, compared to $7.04 billion a year earlier, according to data from Benzinga Pro.

On Tuesday, Stifel analyst Brian Chin maintained Applied Materials with a Buy rating and raised the price target from $215 to $250.

With the recent buzz around Applied Materials, some investors may be eyeing potential gains from the company's dividends too. As of now, Applied Materials offers an annual dividend yield of 0.80%, which is a quarterly dividend amount of 46 ...