Lam Research (LRCX) Declares $0.30 Quarterly Dividend; 1.7% Yield

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Go back to Lam Research (LRCX) Declares $0.30 Quarterly Dividend; 1.7% Yield

Lam Research Corporation Declares Quarterly Dividend

February 19, 2016 4:05 PM EST

FREMONT, CA  -- (Marketwired) -- 02/19/16 -- 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 December 27, 2015. The dividend payment will be made April 6, 2016 to holders of record on March 9, 2016. Future dividend payments are subject to review and approval by the Board of Directors.

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