Lam Research Corporation (NASDAQ:LRCX) Plans $0.26 Quarterly Dividend

Posted by on May 22nd, 2026

Lam Research Corporation (NASDAQ:LRCX – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Investors of record on Wednesday, June 17th will be paid 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 by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 10 years. Lam Research has a 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

Shares of NASDAQ LRCX opened at $302.24 on Friday. The firm has a market cap of $377.97 billion, a P/E ratio of 57.03, a PEG ratio of 2.42 and a beta of 1.81. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $252.34 and a 200 day moving average of $214.71. Lam Research has a twelve month low of $79.49 and a twelve month high of $303.18.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion during 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 company’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts expect that Lam Research will post 5.67 EPS for the current fiscal year.

Key Headlines Impacting Lam Research

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

  • Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip packaging technology that can increase chip density and lower costs, supporting its growth strategy in AI-related semiconductor manufacturing. Reuters article on Austria lab
  • Positive Sentiment: Lam Research said it is adding sensing and AI capabilities to its manufacturing tools while expanding operations in Arizona and California, which could improve product performance and strengthen demand from chipmakers. Reuters article on AI tools and expansion
  • Positive Sentiment: Morgan Stanley upgraded Lam Research to Overweight and raised its price target, while Bernstein also lifted its target, reflecting higher expectations for wafer fabrication equipment spending and AI-related demand. Bernstein price target article
  • Positive Sentiment: Lam Research raised its WFE outlook amid strong AI chip demand, and analysts see that backdrop supporting revenue and earnings growth in the near term. Zacks article on WFE outlook
  • Positive Sentiment: The company also declared a quarterly dividend of $0.26 per share, which signals financial strength and may appeal to income-focused investors. Dividend press release
  • Neutral Sentiment: Recent technical coverage noted that LRCX moved above its 20-day moving average, which can reinforce existing bullish momentum but does not by itself change the company’s fundamentals. Zacks technical article
  • Neutral Sentiment: Some commentary also compared Lam Research with Applied Materials and highlighted valuation differences, but this is more of an industry debate than a direct catalyst for LRCX. Zacks comparison article

Lam Research Company Profile

(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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Dividend History for Lam Research (NASDAQ:LRCX)

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