KLA Corporation (NASDAQ:KLAC) Raises Dividend to $0.23 Per Share

KLA Corporation (NASDAQ:KLAC) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.23 per share by the semiconductor company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, August 17th. This is a 0.0% increase from KLA’s previous quarterly dividend of $0.23.

KLA has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 16 consecutive years. KLA has a dividend payout ratio of 2.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect KLA to earn $6.54 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 14.1%.

KLA Price Performance

Shares of KLAC opened at $193.22 on Friday. The company has a current ratio of 2.88, a quick ratio of 2.03 and a debt-to-equity ratio of 0.93. The stock’s 50 day moving average is $223.51 and its two-hundred day moving average is $182.95. KLA has a twelve month low of $83.22 and a twelve month high of $307.37. The firm has a market capitalization of $252.40 billion, a PE ratio of 52.69, a P/E/G ratio of 1.48 and a beta of 1.45.

KLA (NASDAQ:KLAC) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.00 by $0.05. KLA had a return on equity of 87.66% and a net margin of 35.57%.The business had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period last year, the firm earned $0.94 EPS. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Research analysts anticipate that KLA will post 5.42 earnings per share for the current year.

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.