Lam Research Raises Quarterly Dividend by 16%
24 Agosto 2023 - 10:59AM
Dow Jones News
By Colin Kellaher
Lam Research's board has raised the chip equipment maker's
quarterly dividend by 16%, to $2.00 from $1.725.
The new payout, equal to $8.00 a year, represents an annual
yield of about 1.18% based on Wednesday's closing price of $678.09,
up from 1.02%.
The Fremont, Calif., company on Thursday said the increased
dividend is payable Oct. 4 to shareholders of record Sept. 13.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 24, 2023 09:44 ET (13:44 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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