KLA-Tencor (KLAC) will raise its quarterly dividend to $0.59 per share.
This increase marks the 50th consecutive quarterly dividend paid to KLA-Tencor stockholders and the ninth increase in the quarterly dividend level since it was first instituted in June 2005.
The new dividend is payable on Sept. 1, 2017 to KLA-Tencor stockholders of record as of the close of business on Aug. 15, 2017.
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.