DIVIDEND ANNOUNCEMENT: Lam Research Corp (NASDAQ:LRCX) on 05/11/2022 declared a dividend of $1.5000 per share

Lam Research Corp (NASDAQ:LRCX) on 05/11/2022 declared a dividend of $ 1.5000 per share payable on July 06, 2022 to shareholders of record as of June 16, 2022.

Lam Research Corp (NASDAQ:LRCX) has paid dividends since 2014, has a current dividend yield of 1.3418315649% and has increased its dividends for 2 successive years.

Lam Research Corp's market cap is $ 62,026,412,250 and has a PE ratio of 13.99. The stock price closed yesterday at $ 447.15 and has a 52 week low/high of $ 442.53 and $ 731.85.

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. also addresses processes for back-end wafer-level packaging, which is an alternative to wire bonding and can provide a smaller form factor, increased interconnect speed and bandwidth, and lower power consumption, among others. In addition, Co. provides a range of services throughout the lifecycle of its equipment, including customer service, spares, improvement, and refurbishment of its deposition, etch, and clean products.

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