
DividendMar 29, 2026, 07:55 PM
KLA Corp Increases Quarterly Dividend by 21% to $2.30 Per Share and Authorizes $7 Billion Share Repurchase Program
AI Summary
KLA Corporation's Board of Directors has approved a 21% increase in the quarterly dividend, raising it from $1.90 to $2.30 per share, starting with the dividend expected to be declared in May 2026. Additionally, the Board authorized a new $7 billion share repurchase program, supplementing the existing $5 billion program (with $3.94 billion remaining as of December 31, 2025), signaling confidence in the company's financial position and commitment to returning value to shareholders.
Key Highlights
- Quarterly dividend increased to $2.30 per share, a 21% increase from $1.90.
- New $7 billion share repurchase program authorized.
- Existing $5 billion share repurchase program has $3.94 billion remaining as of December 31, 2025.