Lam Research (NASDAQ: LRCX) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on June 28, 2017, to stockholders of record on June 7, 2017, with an ex-dividend date of June 5, 2017.

The annual yield on the dividend is 1.2 percent.

For a dividend history and other dividend-related data on Lam Research (LRCX) click here.