DIVIDEND ANNOUNCEMENT: Lam Research Corp (NASDAQ:LRCX) on 08/24/2023 declared a dividend of $2.0000 per share

Lam Research Corp (NASDAQ:LRCX) on 08/24/2023 declared a dividend of $ 2.0000 per share payable on October 04, 2023 to shareholders of record as of September 13, 2023. Dividend amount recorded is an increase of $ 0.275 from last dividend Paid.

Lam Research Corp (NASDAQ:LRCX) has paid dividends since 2014, has a current dividend yield of 1.0175640583% and has increased its dividends for 3 successive years.

Lam Research Corp's market cap is $ 89,855,062,080 and has a PE ratio of 20.42. The stock price closed yesterday at $ 678.09 and has a 52 week low/high of $ 299.59 and $ 726.53.

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.

For more information on Lam Research Corp click here.