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KLA Declares Regular Cash Dividend

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $1.05 per share on its common stock.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $1.05 per share on its common stock. This dividend will be payable on Sept. 1, 2021 to shareholders on record as of the close of business on Aug. 16, 2021. KLA's robust financial position allows it to reward its shareholders consistently.

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Positive

  • Quarterly cash dividend of $1.05 per share announced.
  • Dividends payable on Sept. 1, 2021, reflects strong financial health.

Negative

  • None.
Argus Session date unavailable
-0.10% session move Open Argus
Details

News Market Reaction – KLAC

The recorded move for KLAC in the trading session of this news was -0.10%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MILPITAS, Calif., Aug. 5, 2021 /PRNewswire/ -- The KLA Corporation (NASDAQ: KLAC) board of directors today declared a quarterly cash dividend of $1.05 per share on its common stock, payable on Sept. 1, 2021 to KLA shareholders of record as of the close of business on Aug. 16, 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).

Cision View original content:https://www.prnewswire.com/news-releases/kla-declares-regular-cash-dividend-301348728.html

SOURCE KLA Corporation

FAQ

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

What is the dividend amount declared by KLAC?

The dividend amount declared by KLAC is $1.05 per share.

When will KLAC's dividend be paid?

KLAC's dividend will be paid on Sept. 1, 2021.

What is the record date for KLAC's dividend?

The record date for KLAC's dividend is Aug. 16, 2021.

How often does KLAC pay dividends?

KLA Corporation typically pays dividends on a quarterly basis.

Is KLAC's dividend sustainable?

The sustainability of KLAC's dividend can be inferred from its strong financial position.

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