KLA Corp Approves 10-for-1 Stock Split and Raises Dividend 21%
KLAC•KLA Corp approved a ten-for-one forward stock split, granting nine extra shares per share to holders of record on June 4, with split-adjusted trading starting June 12. The board also boosted its quarterly dividend 21% to $2.30 per share payable June 2, with a post-split August dividend of $0.23.
1. Stock Split Details
KLA’s board authorized a ten-for-one forward stock split of its common shares. Holders of record at the close on June 4, 2026, will receive nine additional shares for each share held. Trading on a split-adjusted basis begins at market open June 12, 2026, with total market capitalization and ownership percentages unchanged.
2. Dividend Increase and Schedule
The board also approved a 21% hike to the quarterly cash dividend, raising it to $2.30 per share. This dividend is payable June 2, 2026, to shareholders of record on May 18, 2026. After the split, the August dividend is expected to be $0.23 per share.
3. Equity Plan Adjustments
Proportionate adjustments will be made to outstanding restricted stock units, performance RSUs, shares issuable under equity incentive plans, and the employee stock purchase plan’s share count and offering price to reflect the ten-for-one split.
