Lam Research (LRCX) Declares $0.30 Quarterly Dividend; 1.6% Yield
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Lam Research Corporation Declares Quarterly Dividend
November 6, 2015 4:05 PM ESTFREMONT, CA -- (Marketwired) -- 11/06/15 -- Lam Research Corporation (NASDAQ: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $0.30 per share of common stock. On an annualized basis, this will return approximately $190 million to stockholders based on shares outstanding as of September 27, 2015. The dividend payment will be made January 6, 2016 to holders of record on December 9, 2015. Future dividend payments are subject to review and approval by the Board of Directors.
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