KLA Corporation Announces Quarterly Dividend of $1.90 (NASDAQ:KLAC)

KLA Corporation (NASDAQ:KLAC) announced a quarterly dividend on Thursday, November 6th. Stockholders of record on Monday, November 17th will be given a dividend of 1.90 per share by the semiconductor company on Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, November 17th.

KLA has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. KLA has a dividend payout ratio of 22.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect KLA to earn $32.09 per share next year, which means the company should continue to be able to cover its $7.60 annual dividend with an expected future payout ratio of 23.7%.

KLA Price Performance

Shares of NASDAQ KLAC opened at $1,206.40 on Friday. The company has a market capitalization of $158.86 billion, a price-to-earnings ratio of 37.88, a PEG ratio of 3.56 and a beta of 1.52. KLA has a twelve month low of $551.33 and a twelve month high of $1,284.47. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25. The firm has a 50-day moving average of $1,063.03 and a two-hundred day moving average of $916.98.

KLA (NASDAQ:KLAC) last announced its earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, topping the consensus estimate of $8.47 by $0.34. The company had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.17 billion. KLA had a net margin of 33.83% and a return on equity of 113.10%. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period last year, the company posted $7.33 earnings per share. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. As a group, analysts expect that KLA will post 31.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on KLAC. Wolfe Research increased their target price on shares of KLA from $1,250.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Susquehanna upped their target price on KLA from $745.00 to $1,125.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Rothschild & Co Redburn increased their target price on KLA from $1,100.00 to $1,300.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. JPMorgan Chase & Co. upped their price objective on shares of KLA from $1,070.00 to $1,485.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of KLA in a report on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, KLA presently has an average rating of “Hold” and a consensus target price of $1,237.16.

KLA Company Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.