Reported about 1 month ago
KLA Corporation has significantly raised its quarterly dividend by 17%, marking the 15th consecutive year of increases. The new dividend payout boosts KLA's distribution from $1.45 to $1.70 per share, reflecting optimism in the AI sector and KLA's strong market position in semiconductor manufacturing. Despite its higher valuation compared to peers like Lam Research and Applied Materials, KLA remains an attractive investment for dividend growth, but may face challenges in further dividend increases due to its current payout ratio and debt levels.
Source: YAHOO