Steady as She Goes on KLA-Tencor's Q4 Dividend

Before you go, we thought you'd like these...
Before you go close icon

KLA-Tencor  declared it will pay a quarterly cash dividend of $0.40 per share on June 3 to shareholders of record at the close of business on May 13. 

That rate is the same that the semiconductor specialist paid in the current fiscal year. It's raised its dividend each year  for the past three fiscal years. Prior to that, it had been a fairly consistent dividend of $0.15 per share, and over the last nine years, it has ranged from $0.09 to its current level of $0.40 per share. 

The new dividend annualizes to $1.60 per share, and yields 3.1% at the closing price of KLA-Tencor's stock on May 2.


KLAC Dividend Chart

KLAC Dividend data by YCharts

The article Steady as She Goes on KLA-Tencor's Q4 Dividend originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners