As per KLA-Tencor Corporation (NASDAQ:KLAC)’s news release on 2016-08-05, its shareholders will get cash dividend of $0.52 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-15 and 2016-09-01, respectively.
The stock will commence trading ex-dividend from 2016-08-11, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year KLA-Tencor Corporation (NASDAQ:KLAC) disbursed $0.52 in dividend compared to distribution of $0.52, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -88.7568%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated KLA-Tencor Corporation (NASDAQ:KLAC) to attain a price target of $71.8. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $79. The low price range is set at $59 for next year while the arithmetic mean is seen at 2.67.
Eyeing Earnings KLA-Tencor Corporation (NASDAQ:KLAC) is likely to post quarterly numbers around 2016-10-19 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $1.05 for the period ending on 2016-09-30.
In last quarter ended 2016-06-30, KLA-Tencor Corporation (NASDAQ:KLAC) earnings came at $1.77 suggesting a deviation of $0.34. The brokerages targeted EPS of $1.43 for the quarter.
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