Lam Research Increases Dividend by a Solid 50%
- By Timothy J. McIntosh
Lam Research's (LRCX) dividend was increased by a solid 50% last week. Its overall yield is 1.76%. The company started paying a dividend in 2014.
Lam is primarily focused on the etch semiconductor market, which is a key element in fabricating semiconductors. It designs and manufactures utilized production of semiconductors. Its major products include Vector and Kiyo. The company is global in nature and sells it products to major technology companies like Taiwan Semiconductor (TSM) and Samsung (SSNLF). Lam Research was founded in 1980 and is headquartered in Fremont, California.
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