Lam Research Corporation Announces Increase in Quarterly Dividend
30 August 2019 - 6:05AM
Lam Research Corporation (Nasdaq: LRCX) today announced that its
Board of Directors has approved a $0.05 increase in its quarterly
dividend from $1.10 to $1.15 per share of common stock. The
dividend payment will be made October 16, 2019 to holders of record
on October 1, 2019. Future dividend payments are subject to
review and approval by the Board of Directors.
About Lam Research:
Lam Research Corporation is a global supplier of innovative
wafer fabrication equipment and services to the semiconductor
industry. As a trusted, collaborative partner to the world’s
leading semiconductor companies, we combine superior systems
engineering capability, technology leadership, and unwavering
commitment to customer success to accelerate innovation through
enhanced device performance. In fact, today, nearly every advanced
chip is built with Lam technology. Lam Research (Nasdaq: LRCX) is a
FORTUNE 500® company headquartered in Fremont, Calif., with
operations around the globe. Learn more at www.lamresearch.com.
(LRCX-F)
Caution Regarding Forward-Looking
Statements:
Statements made in this press release that are not of historical
fact are forward-looking statements and are subject to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relate to, but are not
limited to, our plans to declare dividends, our engineering
capabilities, our technology leadership, our commitment to customer
success, and our continued ability to accelerate innovation and
enhance device performance. These forward-looking statements are
based on current expectations and are subject to uncertainties and
changes in condition, significance, value and effect, our continued
financial health and ability to pay dividends, and other risks
detailed in documents filed by us with the Securities and Exchange
Commission, including specifically our annual report on Form 10-K
for the fiscal year ended June 30, 2019. These uncertainties and
changes could cause actual results to vary from expectations. The
Company undertakes no obligation to update the information or
statements made in this press release.
Company Contacts:Ram GaneshInvestor
Relations(510) 572 – 1615Email:
investor.relations@lamresearch.com
Source: Lam Research Corporation
Lam Research (NASDAQ:LRCX)
Historical Stock Chart
From Apr 2024 to May 2024
Lam Research (NASDAQ:LRCX)
Historical Stock Chart
From May 2023 to May 2024