Summary
KLA-Tencor Corporation (KLAC) filed an 8-K report on August 6, 2009, to announce a routine corporate action: the declaration of a cash dividend. The Board of Directors approved a dividend of $0.15 per share on the company's common stock. This dividend is payable to shareholders of record as of the close of business on August 17, 2009, with an actual payment date of September 1, 2009. While not indicative of significant operational changes or financial performance, this announcement provides clarity to investors regarding the company's capital return policy and offers a tangible return on investment for its shareholders.
Key Highlights
- 1KLA-Tencor Corporation (KLAC) declared a cash dividend.
- 2The dividend amount is $0.15 per share of common stock.
- 3The dividend is payable on September 1, 2009.
- 4Stockholders of record as of the close of business on August 17, 2009, will receive the dividend.
- 5This filing is an Other Event (Item 8.01) as it pertains to dividend declaration.
- 6The information was disseminated via a news release, attached as Exhibit 99.1.