Lam Research (LRCX) Raises Quarterly Dividend 15% to $1.725; 1.4% Yield
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Lam Research Corporation Announces a 15% Increase in Quarterly Dividend
August 25, 2022 4:05 PM EDTFREMONT, Calif., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.225, or 15%, increase in its quarterly dividend, from $1.50 to $1.725 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 5, 2022 to holders of record on September 14, 2022. 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
