Lam Research Corporation (NASDAQ:LRCX) to Issue Quarterly Dividend of $0.26

by · The Cerbat Gem

Lam Research Corporation (NASDAQ:LRCX – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Wednesday, March 4th will be given 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 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th.

Lam Research has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 10 consecutive years. Lam Research has a dividend payout ratio of 25.9% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

NASDAQ:LRCX traded up $15.06 during mid-day trading on Friday, reaching $228.37. The stock had a trading volume of 3,732,443 shares, compared to its average volume of 13,760,420. The firm has a 50 day moving average price of $192.85 and a two-hundred day moving average price of $149.41. The stock has a market capitalization of $285.18 billion, a P/E ratio of 46.64, a P/E/G ratio of 2.27 and a beta of 1.78. Lam Research has a one year low of $56.32 and a one year high of $251.87. 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 – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the business earned $0.91 earnings per share. The business’s quarterly 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. As a group, analysts expect that Lam Research will post 3.71 earnings per share for the current year.

About Lam Research

(Get Free Report)

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.

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