Lam Research (LRCX) Raises Quarterly Dividend 15% to $2.30; 1.2% Yield

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Lam Research Corporation Announces a 15% Increase in Quarterly Dividend

August 29, 2024 4:05 PM EDT

FREMONT, Calif., Aug. 29, 2024 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.30, or 15%, increase in its quarterly dividend, from $2.00 to $2.30 per share of common stock. The dividend payment will be made on October 1, 2024, to holders of record on September 17, 2024. Future dividend payments are subject to review and approval by the... More