KLA Corporation As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
KLAC $5.20 0.0% 23.8% 16.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Semiconductor Equipment 1.1% 13 17.1% Quarter 2005

KLA-Tencor (KLAC) will raise its quarterly dividend to $0.54 per share.

This increase is expected to take effect beginning with KLA-Tencor's quarterly dividend to be declared in November 2016. This represents a four percent increase compared to the prior quarterly dividend, and is the eighth quarterly dividend increase since KLA-Tencor first instituted its dividend policy in April 2005.

Yesterday KLA-Tencor and LAM Research (LRCX) announced the termination of the planned merger between the two semiconductor companies.

KLA-Tencor has an estimated dividend yield of 3% based on Wednesday's closing price of $71.21 per share.

KLA-Tencor Corporation is a leading provider of process control and yield management solutions for the semiconductor and related nanoelectronics industries. Its products and services are used by bare wafer, integrated circuit (IC), lithography reticle (reticle or mask) and disk manufacturers around the world.