KLA Corporation (KLAC) To Go Ex-Dividend on May 18th

KLA Corporation (NASDAQ:KLAC) declared a quarterly dividend on Thursday, May 7th. Investors of record on Monday, May 18th will be given a dividend of 2.30 per share by the semiconductor company on Tuesday, June 2nd. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, May 18th. This is a 21.1% increase from KLA’s previous quarterly dividend of $1.90.

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 dividend payout ratio of 27.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect KLA to earn $49.77 per share next year, which means the company should continue to be able to cover its $9.20 annual dividend with an expected future payout ratio of 18.5%.

KLA Price Performance

NASDAQ KLAC opened at $1,804.32 on Friday. KLA has a twelve month low of $740.44 and a twelve month high of $1,939.36. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.11 and a current ratio of 3.03. The stock has a market capitalization of $235.69 billion, a PE ratio of 51.07, a P/E/G ratio of 2.80 and a beta of 1.50. The stock has a 50-day simple moving average of $1,643.30 and a 200 day simple moving average of $1,437.99.

KLA’s stock is set to split on the morning of Friday, June 12th. The 10-1 split was announced on Thursday, May 7th. The newly created shares will be distributed to shareholders after the closing bell on Thursday, June 11th.

KLA (NASDAQ:KLAC) last posted its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share for the quarter, topping the consensus estimate of $9.17 by $0.23. KLA had a return on equity of 91.89% and a net margin of 35.66%.The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the previous year, the firm earned $8.41 EPS. The firm’s revenue was up 11.5% compared to the same quarter last year. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. Research analysts anticipate that KLA will post 37.06 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on KLAC. TD Cowen boosted their price objective on KLA from $1,800.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Evercore boosted their price target on KLA from $1,350.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. The Goldman Sachs Group boosted their price target on KLA from $1,505.00 to $1,550.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on KLA from $1,950.00 to $2,000.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Wells Fargo & Company boosted their price target on KLA from $1,900.00 to $2,100.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Twenty equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,838.48.

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.