Lam Research Corporation (LRCX) to Issue Quarterly Dividend of $0.26 on April 8th

Lam Research Corporation (NASDAQ:LRCX) declared a quarterly dividend on Wednesday, February 4th. Stockholders of record on Wednesday, March 4th will be paid a dividend of 0.26 per share by the semiconductor company on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, March 4th.

Lam Research has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 10 years. Lam Research has a payout ratio of 25.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Lam Research to earn $3.76 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 27.7%.

Lam Research Stock Performance

Lam Research stock opened at $233.89 on Monday. The stock has a fifty day moving average of $216.90 and a two-hundred day moving average of $165.64. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $256.68. The company has a market capitalization of $292.07 billion, a price-to-earnings ratio of 47.93, a PEG ratio of 2.52 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm posted $0.91 EPS. Lam Research’s revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts anticipate that Lam Research will post 3.71 EPS for the current fiscal year.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.