Lam Research Corporation (LRCX) To Go Ex-Dividend on June 17th

Lam Research Corporation (NASDAQ:LRCX) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Wednesday, June 17th will be given a dividend of 0.26 per share by the semiconductor company on Wednesday, July 8th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th.

Lam Research has raised its dividend payment by an average of 0.1%per year over the last three years and has increased 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. Analysts expect Lam Research to earn $7.74 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 13.4%.

Lam Research Price Performance

NASDAQ:LRCX opened at $305.35 on Friday. The firm has a market cap of $381.86 billion, a price-to-earnings ratio of 57.61, a price-to-earnings-growth ratio of 2.50 and a beta of 1.81. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average is $254.07 and its two-hundred day moving average is $215.35. Lam Research has a 12-month low of $79.49 and a 12-month high of $309.98.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts expect that Lam Research will post 5.67 EPS for the current year.

Key Headlines Impacting Lam Research

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Analysts continue to sound optimistic, with Sanford C. Bernstein raising its price target on Lam Research to $340 from $325 and reiterating an outperform rating, implying further upside from current levels.
• Positive Sentiment: The company is benefiting from strong AI-related chip demand, which is driving customers to buy more wafer fabrication equipment and supporting the stock’s strong year-to-date run.
• Positive Sentiment: Lam Research said it is adding AI and sensing capabilities to its chipmaking tools and expanding U.S. operations in Arizona and California, a sign it is positioning itself for longer-term growth in advanced semiconductor manufacturing. Article: Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says
• Positive Sentiment: The company launched a new research lab in Salzburg focused on panel-level chip packaging, aiming to improve chip density and reduce packaging costs as AI demand rises.

Lam Research Company Profile

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.