Lam Research (LRCX) Raises Quarterly Dividend 13% to $1.30; 1.5% Yield
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Lam Research Corporation Announces a 13% Increase in Quarterly Dividend
August 27, 2020 4:05 PM EDTFREMONT, Calif., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.15 or 13% increase in its quarterly dividend from $1.15 to $1.30 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 14, 2020 to holders of record on September 30, 2020. Future dividend payments are subject to review and approval by the Board of Directors.
About Lam Research:
Lam Research Corporation is a global supplier of innovative wafer fabrication equipment... More
