Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for KLA-Tencor Corporation (Nasdaq: KLAC) is tomorrow, May 9, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $54.73 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for KLA-Tencor has been two million shares per day over the past 30 days. KLA-Tencor has a market cap of $8.97 billion and is part of the technology sector and electronics industry. Shares are up 13.2% year to date as of the close of trading on Tuesday. KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company has a P/E ratio of 14, below the S&P 500 P/E ratio of 17.7.
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