KLA-Tencor sets dividend of 15 cents per share

(AP) — KLA-Tencor Corp. says it declared a quarterly dividend of 15 cents per share and said it will resume its stock-buyback program.

The dividend will be paid March 1 to shareholders as of Feb. 16, the company said Thursday.

The maker of equipment used in production of semiconductor and other microelectronics parts said it had 9.8 million shares available for repurchase from an earlier authorization by the board.

The company has 172 million outstanding shares, according to a recent regulatory filing.

The stock rose 48 cents to close at $28.79, but fell 48 cents in after-hours action.

(This version CORRECTS day to Thursday from Friday.)