Tuesday, January 24, 2006

KLA-Tencor (Nasdaq:KLAC) declares dividends before announcing earnings

Jan 24 two days before it will release earnings on Jan 26, 2006. Dividend declarations before earnings are always dangerous and require more caveat emptor. A desperate management group could declare dividends before releasing bad news. Or if they do not declare the usual dividend then a signal is sent to the market without regard to the real intent of Reg FD.