KLA offers chip manufacturing products, such as front-end defect inspection tools, defect review systems, advanced packaging process control systems, metrology solutions, in-situ process monitoring products and lithography software; wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology and data management; and reticle manufacturing products, such as defect inspection and pattern placement metrology products.
The company also provides light emitting diode (LED), power device and compound semiconductor manufacturing products consisting of patterned wafer inspection, defect inspection, surface metrology and data management products; thin-film head metrology and inspection, virtual lithography, in-situ process monitoring, transparent and metal substrate inspection and data management products for data storage media/head manufacturing; and stylus and optical profiling and optical inspection products for microelectromechanical systems manufacturing, as well as products for general purpose/lab applications.
Shareholders currently receive a 1.08% dividend. The expected dividend hike is to $1.45 from $1.30. J.P. Morgan has a $560 price objective on KLA stock. The consensus target is just $465.11, while the most recent close was at $511.01.
Papa John’s
This well-known pizza company is always a solid play for more conservative investors. Papa John’s International Inc. (NASDAQ: PZZA) operates and franchises pizza delivery and carryout restaurants.
Its Domestic Company-Owned Restaurants segment consists of the operations of all domestic company-owned restaurants and derives its revenues principally from retail sales of pizza and side items, including breadsticks, cheese sticks, chicken poppers and wings, dessert items and canned or bottled beverages.
The North America Commissaries segment consists of the operations of regional dough production and product distribution centers and derives its revenues principally from the sale and distribution of food and paper products to domestic company-owned and franchised restaurants in the United States and Canada.
The North America Franchising segment consists of franchise sales and support activities and derives its revenues from sales of franchise and development rights and collection of royalties from franchisees located in the United States and Canada.
Papa John’s International stock now comes with a 2.02% dividend, but the $0.42 per share payout is expected to rise to $0.45. The BofA Securities target price of $106 is higher than the $92.40 consensus target. The shares closed on Friday at $83.33.
Sturm Ruger
Gun owners are familiar with this top company that pays a stellar dividend. Sturm, Ruger & Co. Inc. (NYSE: RGR) engages in the design, manufacture and sale of firearms to domestic customers.
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