Lam Research Corporation Declares Quarterly Dividend
11 February 2022 - 8:05AM
Lam Research Corporation (Nasdaq: LRCX) today announced that its
Board of Directors has approved a quarterly dividend of $1.50 per
share of common stock. The dividend payment will be made
April 6, 2022 to holders of record on March 16, 2022.
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. Lam’s equipment and services allow customers to build
smaller and better performing devices. In fact, today, nearly every
advanced chip is built with Lam technology. We combine superior
systems engineering, technology leadership, and a strong
values-based culture, with an unwavering commitment to our
customers. 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 make dividend payments or declare
dividends. Some factors that may affect these forward–looking
statements include: supply chain disruptions or manufacturing
capacity constraints may limit our ability to manufacture and sell
our products; trade regulations, export controls, trade disputes,
and other geopolitical tensions may inhibit our ability to sell our
products; business, political and/or regulatory conditions in the
consumer electronics industry, the semiconductor industry and the
overall economy may deteriorate or change; the actions of our
customers and competitors may be inconsistent with our
expectations; the severity, magnitude and duration of the COVID–19
pandemic (and the related governmental, public health, business and
community responses to it), and their impacts on our business,
results of operations and financial condition, are evolving and are
highly uncertain and unpredictable; and widespread outbreaks of
illness may impact our operations and revenue in affected areas; as
well as the other risks and uncertainties that are described in the
documents filed or furnished by us with the Securities and Exchange
Commission, including specifically the Risk Factors described in
our annual report on Form 10-K for the fiscal year ended June 27,
2021, and quarterly report on Form 10-Q for the quarter ended
December 26, 2021. These uncertainties and changes could materially
affect the forward-looking statements and cause actual results to
vary from expectations in a material way. 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.comSource: Lam Research
Corporation###
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