DIVIDEND ANNOUNCEMENT: Lam Research Corp (NASDAQ:LRCX) on 08/27/2020 declared a dividend of $1.3000 per share

Lam Research Corp (NASDAQ:LRCX) on 08/27/2020 declared a dividend of $ 1.3000 per share payable on October 14, 2020 to shareholders of record as of September 30, 2020. Dividend amount recorded is an increase of $ 0.15 from last dividend Paid.

Lam Research Corp (NASDAQ:LRCX) has paid dividends since 2014, has a current dividend yield of 1.4781125784% and has increased its dividends for 0 successive years.

Lam Research Corp's market cap is $ 51,230,875,000 and has a PE ratio of 23.30. The stock price closed yesterday at $ 351.80 and has a 52 week low/high of $ 181.38 and $ 387.70.

Lam Research is a supplier of wafer fabrication equipment and services to the semiconductor industry. Co. designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Co.'s customer base includes semiconductor memory, foundry, and integrated device manufacturers that make products such as non-volatile memory, dynamic random-access memory, and logic devices. Co.'s services include customer service, spares, improvement, and refurbishment of its deposition, etch, and clean products. Co. sells its products and services to companies in the U.S., China, Europe, Japan, Korea, Southeast Asia, and Taiwan.

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