KLA Corporation As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
KLAC $4.20 16.7% 5.9% 13.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Semiconductor Equipment 1.2% 12 14.2% Quarter 2005
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KLA Corp hikes dividend by 16.7%

KLA Corporation (KLAC), formerly KLA-Tencor, will raise its quarterly dividend by 16.7 percent to $1.05 per share in 2021. This follows a 5.9 percent to 90 cents per share last announced in August 2020. The semiconductor company has now raised its dividend 12 consecutive years.

The next dividend is payable on September 1, 2021 to KLA shareholders of record as of the close of business on August 16, 2021. A new annualized dividend rate of $4.20 per share yields 1.2% at a stock price of $353. KLA Corporation currently pays approximately $644 million in dividends annually to shareholders.

KLA Corporation, formerly KLA-Tencor Corporation, is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company's products are also used in a number of other high technology industries, including the packaging, light emitting diode (“LED”), power device, compound semiconductor, and data storage industries, as well as general materials research. KLAC was founded in 1997 through the merger of KLA Instruments and Tencor Instruments, two long-time leaders in the semiconductor equipment industry that began operations in 1975 and 1976, respectively. In 2019 the company changed its name from KLA-Tencor to KLA Corporation.

Dividend Calendar

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Ex-date Ticker Yield YTD hike
Sep 23 XRAY 0.7% 10.0%
Sep 23 SRE 3.4% 5.3%
Sep 23 FLS 2.3% 0.0%
Sep 23 MDT 2.0% 8.6%
Sep 23 RL 2.5% 0.0%
Sep 23 IFF 2.4% 2.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 AMT 1.8% 5.0%