Lam Research Corporation

NasdaqGS:LRCX Stock Report

Market Cap: US$91.6b

Lam Research Dividends and Buybacks

Dividend criteria checks 4/6

Lam Research is a dividend paying company with a current yield of 1.28% that is well covered by earnings. Next payment date is on 8th January, 2025 with an ex-dividend date of 11th December, 2024.

Key information

1.3%

Dividend yield

3.1%

Buyback Yield

Total Shareholder Yield4.4%
Future Dividend Yield1.4%
Dividend Growth-1.4%
Next dividend pay date08 Jan 25
Ex dividend date11 Dec 24
Dividend per shareUS$0.920
Payout ratio27%

Recent dividend and buyback updates

Lam Research's (NASDAQ:LRCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 03
Lam Research's (NASDAQ:LRCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Lam Research: Semiconductor Giant Still On Sale After Earnings Beat

Dec 04

Lam Research: Wait For The Dust To Settle (Technical Analysis)

Nov 28

Lam Research (NASDAQ:LRCX) Knows How To Allocate Capital Effectively

Nov 14
Lam Research (NASDAQ:LRCX) Knows How To Allocate Capital Effectively

Why Lam Research Is At A Make-Or-Break Level Before Earnings

Oct 22

Lam Research (NASDAQ:LRCX) Seems To Use Debt Quite Sensibly

Oct 12
Lam Research (NASDAQ:LRCX) Seems To Use Debt Quite Sensibly

Lam Research Following Micron's Footsteps In High Bandwidth Memory And Semiconductor Equipments Demand

Oct 11

Lam Research: The Recent Pullback Is A Buying Opportunity

Sep 16

Is Lam Research Corporation (NASDAQ:LRCX) Trading At A 36% Discount?

Sep 15
Is Lam Research Corporation (NASDAQ:LRCX) Trading At A 36% Discount?

Lam Research's (NASDAQ:LRCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 03
Lam Research's (NASDAQ:LRCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Lam Research: Finding Opportunity Amidst Q4 FY 2024 Post Earnings Dip

Aug 16

Lam Research: China Risk May Offset Memory Recovery And AI Boost

Aug 03

The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Aug 02
The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts

Investors Still Waiting For A Pull Back In Lam Research Corporation (NASDAQ:LRCX)

Jul 28
Investors Still Waiting For A Pull Back In Lam Research Corporation (NASDAQ:LRCX)

Lam Research: It's Still All About Memory- Maintaining Buy

Jul 11

Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Jul 03
Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching

Capitalizing On The Semiconductor Rebound: Lam Research Is A Compelling Buy

Jul 02

Lam Research: Headwinds Coming From Chinese And Japanese Competitors

Jun 07

Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly

Jun 06
Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly

Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

May 23
Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns

Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy

May 18

Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Apr 26
Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next

Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'

Apr 18

Lam Research: A Favorite In The Semis - Initiating With A Buy

Apr 09

Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price

Apr 04
Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price

Lam Research: Stock Price Runup Justified But Upside Now Limited

Feb 24

Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital

Feb 22
Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital

Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality

Feb 09
Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality

Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872

Jan 31
Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872

Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet

Jan 28
Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet

Lam Research: Lack Of Clarity On NAND A Significant Headwind In 2024

Jan 25

Lam Research: Positioned Strongly (And Expensively) For AI Secular Trends

Jan 17

Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jan 02
Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate

Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings

Dec 21
Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LRCX's dividends per share have been stable in the past 10 years.

Growing Dividend: LRCX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Lam Research Dividend Yield vs Market
How does LRCX dividend yield compare to the market?
SegmentDividend Yield
Company (LRCX)1.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Semiconductor)0.6%
Analyst forecast (LRCX) (up to 3 years)1.4%

Notable Dividend: LRCX's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: LRCX's dividend (1.28%) is low compared to the top 25% of dividend payers in the US market (4.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.7%), LRCX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (24.5%), LRCX's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/29
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lam Research Corporation is covered by 68 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Thomas O'MalleyBarclays