KLA Declares Regular Cash Dividend

Rhea-AI Summary

KLA (NASDAQ: KLAC) has announced a quarterly cash dividend of $1.45 per share on its common stock. The dividend will be payable on May 31, 2024, to shareholders of record as of May 15, 2024.

Positive

• The declaration of a regular cash dividend indicates the company's commitment to rewarding its shareholders.

• The consistent payment of dividends can attract long-term investors looking for stable returns.

Negative

• None.

MILPITAS, Calif., May 2, 2024 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) Board of Directors today declared a quarterly cash dividend of $1.45 per share on its common stock, payable on May 31, 2024 to KLA shareholders of record as of the close of business on May 15, 2024.

Logo: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg 

About KLA:

KLA Corporation ("KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging and printed circuit boards. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at: www.kla.com.

View original content:https://www.prnewswire.com/news-releases/kla-declares-regular-cash-dividend-302135141.html

SOURCE KLA Corporation

FAQ

What is the amount of the quarterly cash dividend declared by KLA ?

KLA declared a quarterly cash dividend of $1.45 per share on its common stock.

When will the dividend be payable?

The dividend will be payable on May 31, 2024.

Who are eligible to receive the dividend?

Shareholders of record as of the close of business on May 15, 2024, are eligible to receive the dividend.

What is the stock symbol of KLA ?

KLA is listed on NASDAQ under the stock symbol KLAC.

What is the significance of declaring a regular cash dividend?

The declaration of a regular cash dividend signifies the company's commitment to rewarding shareholders and can attract long-term investors seeking stable returns.