FREMONT, CA (STL.News) Lam Research Corporation (Nasdaq: LRCX) Thursday 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 on January 5, 2022, to holders of record on December 15, 2021. 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. They combine superior systems engineering, technology leadership, and strong values-based culture, with an unwavering commitment to their customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe.