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FREMONT, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.20, or 15% increase in its quarterly dividend, from $1.30 to $1.50 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 13, 2021 to holders of record on September 28, 2021. Future dividend payments are subject to review and approval by the Board of Directors.
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