We have avoided the shares of KLA-Tencor since we started our early June coverage, and the stock was trading at $42.83. The company has a 3.57% dividend yield, based on last night's closing stock price of $16.81. We would look at Intel(INTC Quote) as the name for investors who will eventually want exposure to chip stocks. The company is positioned to benefit first from any pickup in demand. We are avoiding the chip names for now, but will continue to monitor the news as it comes in.
KLA Tencor is not recommended at this time, holding a Dividend.com Rating of 3.1 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system.- Loading Comments...
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