Lam Research (LRCX) Raises Quarterly Dividend 15.9% to $2.00; 1.2% Yield

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Go back to Lam Research (LRCX) Raises Quarterly Dividend 15.9% to $2.00; 1.2% Yield

Lam Research Corporation Announces a 16% Increase in Quarterly Dividend

August 24, 2023 9:15 AM EDT

FREMONT, Calif., Aug. 24, 2023 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.275, or 16%, increase in its quarterly dividend, from $1.725 to $2.00 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made on October 4,... More