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MKS Instruments (MKSI) will raise its quarterly dividend to $0.18 per share. It's the second dividend increase this year by the company.

The new dividend is payable on December 8, 2017 to shareholders of record as of November 27, 2017.The new dividend yield for MKS is 0.7%.

MKS Instruments, Inc. is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor, and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. The company serves the semiconductor capital equipment, industrial manufacturing, environmental, medical, life sciences and scientific research markets.