Summary
KLA-Tencor Corporation (KLAC) has filed a Form 8-K to report a significant event for its shareholders. The company's Board of Directors has officially declared a quarterly cash dividend of $0.15 per share on its common stock. This action signals the company's commitment to returning value to its investors and reflects confidence in its financial position despite the broader economic climate of late 2008. The dividend is scheduled to be paid on December 1, 2008, to all shareholders who are on record as of the close of business on November 24, 2008. This filing is primarily informational, providing transparency regarding the dividend declaration and its associated dates, which are crucial for investors to note for their participation in the dividend payout.
Key Highlights
- 1KLA-Tencor Corporation's Board of Directors declared a cash dividend.
- 2The dividend amount is $0.15 per share of common stock.
- 3The dividend payment date is December 1, 2008.
- 4The record date for the dividend is November 24, 2008.
- 5This announcement was made via a news release filed as an exhibit.
- 6The filing is made under Item 8.01 (Other Events) of Form 8-K.
- 7Mark P. Dentinger, Executive Vice President and Chief Financial Officer, signed the report.