KLA Corporation (KLAC) to Issue Quarterly Dividend of $0.23 on September 1st

KLA Corporation (NASDAQ:KLAC) announced a quarterly dividend on Thursday, August 6th. Investors of record on Monday, August 17th will be given 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 dividend yield of 0.5%. The ex-dividend date is Monday, August 17th. This is a 0.0% increase from KLA’s previous quarterly dividend of $0.23.

KLA has increased its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 16 consecutive years. KLA has a payout ratio of 2.8% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Stock Down 2.7%

KLA stock opened at $203.72 on Friday. The stock’s 50 day moving average price is $223.58 and its 200 day moving average price is $184.84. KLA has a 1-year low of $83.22 and a 1-year high of $307.37. The company has a market cap of $266.17 billion, a PE ratio of 55.56, a price-to-earnings-growth ratio of 1.61 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.88 and a quick ratio of 2.03.

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

More KLA News

Here are the key news stories impacting KLA this week:

• Positive Sentiment: Seeking Alpha upgraded KLA to a “Buy,” arguing that the stock’s recent selloff has improved its risk-reward profile. The company’s latest quarterly results also showed resilient fundamentals, with revenue increasing 15.2% year over year and earnings exceeding consensus estimates. After A Punishing July, KLA Stock Is Now A Buy
• Positive Sentiment: A TCW investment letter highlighted KLA’s positioning to benefit from increasing semiconductor complexity, including advanced process control, AI infrastructure and sophisticated chip packaging. KLA also has a consensus “Moderate Buy” rating and an average analyst price target above its recent trading level. KLA Positioned to Benefit from Semiconductor Chip Complexity
• Neutral Sentiment: KLA’s quarterly dividend remains $0.23 per share, payable September 1 to shareholders of record August 17. The dividend provides a modest shareholder return, but its approximately 0.4% yield is unlikely to be a major near-term catalyst.
• Negative Sentiment: Executive selling remains a notable overhang. EVP Brian Lorig sold 59,586 shares worth approximately $12.4 million, reducing his ownership by 43.4%. CEO Richard Wallace also recently sold 87,568 shares for about $17.4 million. Quiver data shows 14 open-market insider sales and no purchases over the past six months. KLA Insider Sale SEC Filing
• Negative Sentiment: Broad semiconductor weakness is also pressuring KLAC. Shares of Broadcom and Applied Materials fell sharply, dragging technology ETFs such as VOO and QQQ and weighing on semiconductor-equipment peers. Investors remain concerned about near-term margins, supply constraints and the possibility that the chip cycle is approaching a peak. KLA Drops 9% in a Month

KLA Company Profile

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.