KLA Corporation's Board of Directors formally declared a quarterly cash dividend of $1.90 per share on its common stock on May 8, 2025. This dividend is scheduled for payment on June 3, 2025, to shareholders of record as of the close of business on May 19, 2025. This declaration follows the company's announcement on April 30, 2025, of its sixteenth consecutive annual dividend increase.
The $1.90 per share dividend represents a 12% increase from the previous quarterly dividend level of $1.70 per share. This action reinforces KLA's commitment to consistent and assertive capital allocation, demonstrating confidence in its robust free cash flow generation. The company's operating model and predictable services business support this strategy.
This dividend declaration, alongside a recently authorized $5 billion share repurchase program, highlights KLA's focus on maximizing long-term total shareholder value. The company's strong balance sheet provides the ability to fund growth strategies while offering attractive capital returns. This move is expected to be viewed positively by investors seeking stable and growing income.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.