STOCK TITAN

KLA Declares Regular Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $0.90 per share, set to be paid on December 1, 2020. Shareholders of record as of the close of business on November 16, 2020 will be eligible for this dividend. KLA is recognized for its leading equipment and services in the electronics industry, facilitating innovation across various sectors including integrated circuits and flat panel displays, thereby contributing to advancements in manufacturing processes.

Positive
  • Quarterly cash dividend of $0.90 per share enhances shareholder income.
  • Confirms company’s commitment to returning value to shareholders.
Negative
  • None.

MILPITAS, Calif., Nov. 5, 2020 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) board of directors today declared a quarterly cash dividend of $0.90 per share on its common stock, payable on Dec. 1, 2020 to KLA shareholders of record as of the close of business on Nov. 16, 2020.

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

About KLA:
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, printed circuit boards and flat panel displays. 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. Additional information may be found at www.kla.com (KLAC-F). 

Cision View original content:http://www.prnewswire.com/news-releases/kla-declares-regular-cash-dividend-301167299.html

SOURCE KLA Corporation

FAQ

What is the dividend amount declared by KLA Corporation?

KLA Corporation declared a dividend of $0.90 per share.

When is the dividend payable to shareholders?

The dividend is payable on December 1, 2020.

What is the record date for KLA's dividend?

The record date for the dividend is November 16, 2020.

How often does KLA Corporation pay dividends?

KLA Corporation pays dividends quarterly.

Is KLA's dividend sustainable?

The sustainability of KLA’s dividend will depend on the company’s ongoing financial performance.

KLA Corporation

NASDAQ:KLAC

KLAC Rankings

KLAC Latest News

KLAC Stock Data

83.22B
133.61M
0.11%
91.15%
2.1%
Semiconductor Equipment & Materials
Optical Instruments & Lenses
Link
United States of America
MILPITAS