KLA Declares Regular Cash Dividend

Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) has announced a quarterly cash dividend of $0.90 per share, which will be payable on March 2, 2021. Shareholders of record as of the close of business on February 19, 2021 will be eligible to receive this dividend. The company specializes in developing advanced equipment and services for the electronics industry, focusing on areas such as wafer manufacturing and integrated circuits. This dividend declaration reflects KLA's ongoing commitment to returning value to its shareholders.

AI-generated analysis. Not financial advice.

Positive

• Declared quarterly cash dividend of $0.90 per share.
• Dividend payment date set for March 2, 2021.
• Demonstrates ongoing commitment to shareholder returns.

Negative

• None.

News Market Reaction – KLAC

-0.23%

1 alert

-0.23% News Effect

On the day this news was published, KLAC declined 0.23%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MILPITAS, Calif., Feb. 9, 2021 /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 March 2, 2021 to KLA shareholders of record as of the close of business on Feb. 19, 2021.

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, 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. 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 (KLAC-F).

View original content:http://www.prnewswire.com/news-releases/kla-declares-regular-cash-dividend-301225353.html

SOURCE KLA Corporation

FAQ

What is the dividend amount for KLA Corporation?

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

When will KLA Corporation pay its dividend?

The dividend will be payable on March 2, 2021.

What is the record date for KLA's dividend?

Shareholders must be on record by February 19, 2021, to qualify for the dividend.

How often does KLA Corporation declare dividends?

KLA Corporation typically declares dividends quarterly.

Is KLA Corporation's dividend sustainable?

While the press release does not provide specific financial metrics, the company's commitment to returning value suggests a positive outlook on sustainability.