- KLAC’s expertise in its core market, a growing portfolio of subscription services, relentless R&D commitment, elite profitability, well-controlled gearing, and strong CF conversion all provide the foundation for its distributions.
- The semi-equipment space is not well-noted for its dividend narrative, but KLAC stands out and screens highly when compared to other peers.
- KLAC's above-average forward valuations, its unappealing risk-reward vs other peers, and the prevailing sentiment for the sector particularly from the influential institutional segment make the stock a HOLD at this time.
For further details see:
Is KLA Corp A Good Dividend Stock Choice? What Investors Should Consider