Today’s Dividend Flows: Forecasted dividends of $0.54 are lurking just around the corner for KLA-Tencor Corporation (NASDAQ:KLAC) shareholder?

Today's Dividend Flows: Forecasted dividends of $0.54 are lurking just around the corner for KLA Tencor Corporation (NASDAQ:KLAC) shareholder?

KLA-Tencor Corporation (NASDAQ:KLAC) is expected to pay $0.54 on Dec 1, 2016. The indicated annual dividend is $2.16. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on KLA-Tencor Corporation’s current price of $75.53, the dividend is 0.71%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 4, 2016. The stock decreased 0.01% or $0.01 during the last trading session, hitting $75.53. KLA-Tencor Corp (NASDAQ:KLAC) has risen 4.74% since April 7, 2016 and is uptrending. It has underperformed by 0.04% the S&P500.

KLA-Tencor Corporation is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company has a market cap of $11.97 billion. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research. It has a 15.19 P/E ratio. The Company’s services and products are used by bare wafer, integrated circuit (IC), lithography reticle (reticle or mask) and disk manufacturers around the world.

Insitutional Activity: The institutional sentiment increased to 1.33 in Q2 2016. Its up 0.49, from 0.84 in 2016Q1. The ratio is positive, as 37 funds sold all KLA-Tencor Corp shares owned while 95 reduced positions. 47 funds bought stakes while 128 increased positions. They now own 126.45 million shares or 3.07% less from 130.45 million shares in 2016Q1.
The California-based Wetherby Asset Management has invested 0.05% in KLA-Tencor Corp (NASDAQ:KLAC). Oakbrook Limited Com has invested 0.04% of its portfolio in KLA-Tencor Corp (NASDAQ:KLAC). Conning holds 0.01% of its portfolio in KLA-Tencor Corp (NASDAQ:KLAC) for 4,682 shares. Commercial Bank Of Hawaii holds 0.04% of its portfolio in KLA-Tencor Corp (NASDAQ:KLAC) for 4,630 shares. First Manhattan Communications owns 891 shares or 0% of their US portfolio. Canada Pension Plan Invest Board owns 1.05 million shares or 0.31% of their US portfolio. Sumitomo Mitsui Trust owns 433,018 shares or 0.05% of their US portfolio. Commonwealth Equity has 0% invested in the company for 2,972 shares. Glob X Com Ltd Com last reported 0% of its portfolio in the stock. Fifth Third Bank has 0% invested in the company for 341 shares. Commonwealth National Bank & Trust Of holds 13,356 shares or 0.01% of its portfolio. Washington Tru Financial Bank has 0.02% invested in the company for 1,169 shares. Assetmark holds 0% or 694 shares in its portfolio. Sei Invs Co owns 12,470 shares or 0.01% of their US portfolio. Nomura Asset Management holds 0.03% of its portfolio in KLA-Tencor Corp (NASDAQ:KLAC) for 18,672 shares.

Insider Transactions: Since July 5, 2016, the stock had 0 buys, and 7 sales for $4.44 million net activity. 19,750 shares were sold by Kirk Michael, worth $1.47M on Tuesday, October 25. Higgins Bren D. sold $360,631 worth of stock. 8,095 shares with value of $604,713 were sold by Trafas Brian M. on Tuesday, October 25. Bell Bobby R also sold $572,109 worth of KLA-Tencor Corp (NASDAQ:KLAC) on Tuesday, October 25. The insider Khan Ahmad A. sold $806,196. The insider Kirloskar Virendra A sold $596,543.

KLA-Tencor Corp (NASDAQ:KLAC) Ratings Coverage

Out of 13 analysts covering KLA-Tencor Corporation (NASDAQ:KLAC), 7 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 54% are positive. KLA-Tencor Corporation has been the topic of 28 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Friday, October 21, the company rating was maintained by Cowen & Co. B. Riley & Co maintained KLA-Tencor Corp (NASDAQ:KLAC) on Thursday, October 22 with “Neutral” rating. The stock of KLA-Tencor Corp (NASDAQ:KLAC) has “Sell” rating given on Tuesday, July 28 by Citigroup. The rating was upgraded by Citigroup to “Neutral” on Friday, October 23. Needham upgraded KLA-Tencor Corp (NASDAQ:KLAC) on Friday, October 7 to “Buy” rating. The stock of KLA-Tencor Corp (NASDAQ:KLAC) earned “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. The rating was maintained by Cowen & Co on Friday, July 29 with “Market Perform”. On Thursday, October 22 the stock rating was maintained by Cowen & Co with “Market Perform”. On Friday, September 25 the stock rating was upgraded by Credit Agricole to “Outperform”. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

Another recent and important KLA-Tencor Corp (NASDAQ:KLAC) news was published by Valuewalk.com which published an article titled: “Analysis Of KLA-Tencor Corp (KLAC) Dividend Increase” on November 08, 2016.

KLAC Company Profile

KLA-Tencor Corporation (KLA-Tencor), incorporated on July 9, 1975, is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research. The Company’s services and products are used by bare wafer, integrated circuit (IC), lithography reticle (reticle or mask) and disk manufacturers around the world. These clients turn to the Company for inline wafer and IC defect monitoring, review and classification; reticle defect inspection and metrology; packaging and interconnect inspection; critical dimension (CD) metrology; pattern overlay metrology; film thickness, surface topography and composition measurements; measurement of in-chamber process conditions, wafer shape and stress metrology; computational lithography tools, and overall yield and fab-wide data management and analysis systems. The Company’s inspection and metrology products and related offerings are categorized in various groups, including Chip Manufacturing, Wafer Manufacturing, Reticle Manufacturing, LED, Power Device and Compound Semiconductor Manufacturing, Data Storage Media/Head Manufacturing, Microelectromechanical Systems (MEMS) Manufacturing, and General Purpose/Lab Applications. It also provides refurbished KLA-Tencor tools as service and support for its products.

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