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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Lam Research Corporation (LRCX) pays a $1.04 annual dividend ($0.26 quarterly), yielding 0.44% at $277.46/share. Next ex-dividend date 2026-09-23. 10+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.44%
Annual Dividend: $1.04 per share
Payout Ratio: 18.1%
Ex-Dividend Date: 2026-09-23
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 13
Lam Research Corporation dividend investors are looking at a company that builds the equipment chipmakers depend on, including etch systems like Kiyo and Flex, and deposition platforms like ALTUS and VECTOR. The current yield is 0.41%, with trailing twelve-month payments of $1.04 per share paid quarterly. The next ex-dividend date is September 23, 2026. With a beta of 1.854, LRCX stock carries meaningful price volatility, making it a better fit for growth-oriented investors than those seeking steady income.
Lam Research Corporation pays out 18.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if earnings face pressure from cyclical swings in semiconductor capital spending. Lam Research Corporation dividend safety is further supported by the breadth of its product lines, spanning deposition, etch, and clean systems across multiple geographies, which diversifies its revenue base. The primary risk is the cyclical nature of semiconductor equipment demand, which can compress earnings sharply during industry downturns.
Lam Research Corporation dividend history shows a CAGR of 24.7% per year from 2015 to 2025. Per-share payments grew from $0.1080 to $0.9800 over that decade (2026 data is partial and excluded from the CAGR calculation). The smallest annual increase in the window was 8.9% in 2020, which still represents meaningful growth even in a slower year.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +15.0% | $0.65 (2022) | $0.98 (2025) |
| 5-Year | +14.9% | $0.49 (2020) | $0.98 (2025) |
| 10-Year | +24.7% | $0.11 (2015) | $0.98 (2025) |
LRCX fits growth-and-income investors who prioritize dividend growth over current yield, particularly those with exposure to the semiconductor equipment space through a company that manufactures etch, deposition, and clean systems used across global chip fabrication. The yield is low (below 2%), currently at 0.41%, well below the 5-year average of 0.79%, which reflects price appreciation outpacing dividend increases. Ten consecutive years of dividend increases and a 24.7% CAGR tell the real story here. What an investor gains is a fast-growing dividend backed by a conservative payout ratio. The trade-off is a yield too thin to serve as a primary income source today.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-23 | $0.3300 |
| 2026-06-17 | $0.2600 |
| 2026-03-04 | $0.2600 |
| 2025-12-03 | $0.2600 |
| 2025-09-24 | $0.2600 |
| 2025-06-18 | $0.2300 |
| 2025-03-05 | $0.2300 |
| 2024-12-11 | $0.2300 |
| 2024-09-17 | $0.2300 |
| 2024-06-18 | $0.2000 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.8500 |
| 2025 | $0.9800 |
| 2024 | $0.8600 |
| 2023 | $0.7450 |
| 2022 | $0.6450 |
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