KLA approves 10-for-1 stock split and dividend hike

MSN
2026.05.14 01:35
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KLA has announced a 10-for-1 forward stock split effective June 12, 2026, aimed at enhancing share accessibility and liquidity. Additionally, the quarterly dividend will increase by 21% to $2.30 per share, payable on June 2, 2026, before adjusting to $0.23 after the split in August. This decision is influenced by the rising demand for semiconductors driven by AI infrastructure spending, with KLA shares nearing $1,900.