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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. The dividend is payable on June 1, 2022, to shareholders on record as of the close of business on May 16, 2022. This decision reinforces KLA's commitment to returning value to its shareholders while supporting its ongoing business operations in the electronics industry.

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Positive

  • Quarterly cash dividend of $1.05 per share announced.
  • Dividend payment date set for June 1, 2022, demonstrating commitment to shareholder returns.

Negative

  • None.
Argus Session date unavailable
-0.61% session move Open Argus
Details

News Market Reaction – KLAC

The recorded move for KLAC in the trading session of this news was -0.61%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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MILPITAS, Calif., May 5, 2022 /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 June 1, 2022, to KLA shareholders of record as of the close of business on May 16, 2022.

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-301540099.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 2022?

KLA Corporation has declared a quarterly cash dividend of $1.05 per share.

When will KLA Corporation's dividend be paid?

The dividend will be paid on June 1, 2022.

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

The record date for KLA's dividend is May 16, 2022.

How frequently does KLA Corporation pay dividends?

KLA Corporation typically pays dividends quarterly.

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