KLA Declares Regular Cash Dividend

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $0.90 per share on its common stock.

Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $0.90 per share on its common stock. The dividend is payable on Sept. 1, 2020, to shareholders recorded as of the close of business on Aug. 17, 2020. This announcement reflects KLA's commitment to returning value to its shareholders, underlining its strong performance in the electronics industry.

Positive

• Quarterly cash dividend of $0.90 per share declared.
• Dividend payment date set for Sept. 1, 2020.

Negative

• None.

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-0.36% session move Open Argus

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News Market Reaction – KLAC

The recorded move for KLAC in the trading session of this news was -0.36%.

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MILPITAS, Calif., Aug. 6, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.90 per share on its common stock, payable on Sept. 1, 2020 to KLA shareholders of record as of the close of business on Aug. 17, 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). 

View original content:http://www.prnewswire.com/news-releases/kla-declares-regular-cash-dividend-301107978.html

SOURCE KLA Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by KLA Corporation for 2020?

KLA Corporation declared a quarterly cash dividend of $0.90 per share.

When will the dividend be paid to KLA shareholders?

The dividend will be paid on Sept. 1, 2020.

What is the record date for KLA's dividend payment?

The record date for KLA's dividend payment is Aug. 17, 2020.

Is KLA Corporation's dividend sustainable?

The press release does not provide specific details about the sustainability of KLA's dividend.