KLA Corporation Announces Increase In Quarterly Dividend From $1.45 To $1.70 Per Share
Portfolio Pulse from Benzinga Newsdesk
KLA Corporation has announced a 17% increase in its quarterly dividend from $1.45 to $1.70 per share, marking the fifteenth consecutive annual increase. The new dividend is expected to be declared in November 2024, subject to the Board's discretion.
September 03, 2024 | 8:20 pm
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KLA Corporation has increased its quarterly dividend by 17% to $1.70 per share, continuing its 15-year streak of annual increases. This move reflects the company's strong financial health and commitment to returning value to shareholders.
The increase in the dividend is a positive signal to investors, indicating KLA's strong financial position and commitment to shareholder returns. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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