Lam Research Boosts Dividend 27% to $0.33 Quarterly
LRCX has more than doubled off its 52-week low of $94.11.
Summary
Lam Research raised its quarterly dividend 27% to $0.33 per share, payable October 14 to holders of record September 23. The increase follows the company's record FY2026 results and a $3B+ global R&D expansion announced earlier this month. The dividend hike signals strong cash generation and confidence in sustained demand for AI-related semiconductor equipment. The Oregon R&D investment of $1.5B is part of the previously announced $3B+ five-year plan, not a new commitment.
At the time of this announcement, LRCX was trading at $303.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $377.8B. The 52-week trading range was $94.11 to $438.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.